HM Treasury Claims No Evidence of Bounce Back Loan Rule Breaches by Brokers or Lenders
BBL Blaggers
Satpaldip Singh Pahal, Director of Sat Housing Ltd, Banned for 5 Years for Misusing £30,000 Barclays Bounce Back Loan
Satpaldip Singh Pahal, director of Sat Housing Ltd, has been banned for five years for transferring a £30,000 Barclays Bounce Back Loan to an associated company. The liquidator has enlisted a legal firm to pursue repayment. […]
BBL Complaints Dismissed
Barclays Denies Bounce Back Loan and Closes Account, Ombudsman Dismisses Complaint
Barclays denied a Bounce Back Loan and closed a customer’s account. The Ombudsman dismissed the complaint, finding no evidence of unfair treatment. […]
Special Reports
Insolvency Service Bans 736 Directors and Issues 87 Bankruptcy Restrictions in 2024-25 for Bounce Back Loan Fraud
The Insolvency Service intensifies its crackdown, banning 736 directors and issuing 87 bankruptcy restrictions in 2024-25 for Bounce Back Loan fraud, signalling tough enforcement. […]