
11-Year Ban for Middlewich Director Misusing £50k Barclays Loan

A Margate director faces an 11-year ban for securing two Bounce Back Loans and transferring the funds to a personal account, bypassing the economic benefit of the company. The misuse of funds led to severe regulatory consequences. […]
Complaints against HSBC, Barclays, TSB, NatWest, and Lloyds for Bounce Back Loan issues were dismissed by the Ombudsman, upholding the banks’ actions. […]
At least the two Company Directors named in this case will have plenty of time to use their caravan purchased with a BBL, most of which they never paid back. […]
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