Mohammed Kashem Ali Tahid, Director of Chester Foods Limited, Starts 11-Year Ban for Blagging £50,000 Barclays Bounce Back Loan, Misusing Funds, and Unpaid £15,000 Fine

Barclays denied a Bounce Back Loan and closed a customer’s account. The Ombudsman dismissed the complaint, finding no evidence of unfair treatment. […]

Mohammed Iftikhar, director of Spicy Pizza Idle Limited, begins a 10-year ban today, July 8, 2025, after falsely reporting a £250,000 turnover to secure a £50,000 Bounce Back Loan from Lloyds Bank. Investigations revealed his actual turnover was £0, and he failed to account for the loan funds’ whereabouts, leading to the disqualification. […]

A fraudster was handed a six-month suspended sentence by Willesden Magistrates Court for abusing the Bounce Back Loan scheme. […]