
Barclays Shuts Customer Account, Demands Full Bounce Back Loan Repayment, Ombudsman Upholds Bank’s Terms

Rachel Reeves’ Budget introduces a well-funded “Asset Confiscation Enforcement Team” to support the Serious Fraud Office in seizing assets and recovering funds lost to Bounce Back Loan fraud. […]
A director’s personal use of a Barclays Bounce Back Loan and lack of records for furlough claims led to a 7-year ban. Explore this murky financial case. […]
HSBC seized a Bounce Back Loan after debanking a customer, despite a case handler’s ruling. The Ombudsman upheld the complaint, ordering reinstatement, compensation, and interest. […]
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