
Barclays Recalls Bounce Back Loan Days After Approval, Ombudsman Dismisses Complaint

HSBC seized a sole trader’s account funds to repay a demanded Bounce Back Loan. The Ombudsman dismissed the complaint, citing the bank’s contractual rights. […]
A Wigan director faces a 10-year ban for exaggerating company turnover to obtain a £30,000 Barclays Bounce Back Loan, which remained unpaid after creditors’ voluntary liquidation. The disqualification highlights misuse of pandemic relief funds. […]
A director who claimed a £280,000 turnover, far above reality, to secure a £50,000 Barclays Bounce Back Loan faces a 10-year ban. Learn about this significant financial deception. […]
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