Barclays Denies Bounce Back Loan for Unproven Trading Date, Ombudsman Dismisses Complaint
BBL Blaggers
10-Year Ban for Stevenage Director Inflating Turnover for £50k Barclays Loan
A Stevenage director who overstated turnover to secure a £50,000 Barclays Bounce Back Loan faces a 10-year ban in this familiar tale of financial misconduct. Read the details. […]
BBL Blaggers
Music Studio Director Receives 8-Year Ban for Misrepresenting Turnover to Secure Barclays Bounce Back Loan
The director of a music studio has been banned for eight years after a liquidator found inflated turnover figures used to obtain a higher-valued Barclays Bounce Back Loan than the business was eligible for. The disqualification, effective immediately, underscores misuse of pandemic relief funds. […]
BBL Complaints Dismissed
HSBC Denies Feeder Account Due to Credit Scoring, Ombudsman Dismisses Complaint
HSBC denied a feeder account for a Bounce Back Loan based on credit scoring. The Ombudsman dismissed the complaint, citing the bank’s account approval rights. […]