Barclays’ Attempt to Cross-Default Bounce Back Loan for Guarantee Claim Fails; Ombudsman Orders Reinstatement
BBL Complaints Dismissed
HSBC Denies Account After Weeks of Delay, Ombudsman Dismisses Bounce Back Loan Complaint
HSBC denied an account after weeks of delay, blocking a Bounce Back Loan. The Ombudsman dismissed the complaint, citing the bank’s right to refuse. […]
BBL Blaggers
10-Year Ban for Director’s Double Bounce Back Loan Exploit
A director exploited HSBC’s delayed database checks to secure two Bounce Back Loans for one business, earning a 10-year ban. Learn how this oversight allowed the scam to succeed until liquidation. […]
BBL Blaggers
Jawad Khan Stanekzai, Director of JKS Cars Ltd, Banned for 10 Years for Misrepresenting Turnover to Secure Barclays Bounce Back Loan
Jawad Khan Stanekzai, director of JKS Cars Ltd, faces a 10-year ban for exaggerating turnover to secure a Barclays Bounce Back Loan. Insolvency Practitioner Andrew Richard Bailey reported the misconduct, leading to the disqualification. […]