Santander Ordered to Refund £470 Fee and Pay Compensation for Bounce Back Loan Recall, Ombudsman Upholds Complaint
BBL Blaggers
Zarullah Jabarkhyl, Director of Your Ride Ltd, Banned for 10 Years for Overstating Turnover to Secure £50,000 Santander Bounce Back Loan
Zarullah Jabarkhyl’s 10-year ban follows exaggerated turnover claims to secure a £50,000 Santander Bounce Back Loan, misusing funds meant for the business. […]
BBL Blaggers
Karamjit Singh Panesar Director of Diamond Designs and Build Limited Slapped with a 10-Year Ban for Securing Duplicate £50,000 Bounce Back Loans
Karamjit Singh Panesar, director of Diamond Designs and Build Limited, has been banned for 10 years after fraudulently obtaining two £50,000 Bounce Back Loans—one from NatWest and another from Santander—for the same company. The Insolvency Service deemed his actions a deliberate misuse of the government’s loan scheme. […]
Special Reports
Seven Bounce Back Loan Lenders—Barclays, Lloyds, NatWest, Santander, TSB, Metro Bank, and Starling Bank—Collaborate by Sharing Transaction Data with the National Crime Agency to Track Illicit Profits
Seven major Bounce Back Loan lenders share transaction data with the National Crime Agency, aiming to trace illicit profits from fraudulent loans. […]