Director Banned for 6.5 Years for Grossly Overstating Turnover to Secure £50,000 Lloyds Bank Bounce Back Loan, Left Unpaid
BBL Blaggers
Sutton Coldfield Director Banned for 11 Years for Falsifying Turnover to Secure £50,000 Lloyds Bank Bounce Back Loan and CBILS Non-Compliance
A Sutton Coldfield director faces an 11-year ban after overstating her turnover to obtain a £50,000 Lloyds Bank Bounce Back Loan and failing to repay it after securing a £250,000 CBILS loan, violating scheme rules. […]
BBL Blaggers
Adnan Ali Nailed with a 10-Year Ban for Blagging £49,100 Starling BBL Over £26k Entitlement
Adnan Ali’s banned 10 years for fudging turnover to nab a £49,100 Starling BBL when entitled to £26k. See his blag! […]
Special Reports
Financial Ombudsman Rules Lloyds Bank Provided a Customer an Unaffordable Business Overdraft, But Finds No Fault in Their Approval of a Bounce Back Loan Three Times Larger 12 Months Later, Citing the Flawed Design of the BBL Scheme
The Ombudsman faults Lloyds for an unaffordable overdraft but clears their larger Bounce Back Loan approval, blaming the scheme’s flawed design. […]