Lloyds Approves Bounce Back Loan Without Director’s Knowledge, Ombudsman Dismisses Complaint Due to Signatory Status
BBL Blaggers
Abdul Wahid, Director of Mailsi General Trading Limited and Mailsi Perfectto Pizza Ltd, Begins 11-Year Ban on April 28, 2025, for Misusing Bounce Back Loans
Abdul Wahid, who directed both Mailsi General Trading Limited and Mailsi Perfectto Pizza Ltd, has been banned for 11 years starting April 28, 2025. […]
BBL Blaggers
Three Directors Banned for 6 Years for Misusing £23,000 and £29,000 Santander and £25,000 Lloyds Bounce Back Loans for Personal Benefit
Three directors have been disqualified for six years after using two Santander Bounce Back Loans (£23,000 and £29,000) and a £25,000 Lloyds Bank Bounce Back Loan for personal benefit during company wind-ups. […]
BBL Complaints Dismissed
NatWest Customer’s Plea to Personally Repay Company’s BBL Denied After Account Closure and Default, Ombudsman Rejects Complaint Citing Business Cessation
A NatWest customer, struggling to personally settle his limited company’s Bounce Back Loan (BBL), faced a harsh setback when the bank closed his account and marked the loan as defaulted. Claiming unfair treatment, he escalated the issue to the Financial Ombudsman Service. However, the Ombudsman dismissed his complaint. […]