Barclays Cancels PAYG Option and Closes Account Over Missed Payments; Ombudsman Awards £150
BBL Complaints Upheld
HSBC Ordered to Compensate Customer for Misapplying Bounce Back Loan Rules on Erroneous Insurance Payment, Ombudsman Upholds Complaint
HSBC incorrectly demanded a customer return an erroneous insurance payment to their Bounce Back Loan account, misinterpreting scheme rules. The Ombudsman upheld the complaint, ordering compensation for the bank’s error. […]
BBL Blaggers
Foroogh Hasooni, Director of TOIP Limited, Receives 10-Year Ban for Misrepresenting Turnover to Secure £50,000 Barclays Bounce Back Loan
Foroogh Hasooni, director of TOIP Limited, has been banned for 10 years for inflating turnover to secure a £50,000 Barclays Bounce Back Loan. The ban reflects misuse of government-backed financial support. […]
Special Reports
Bulgarian Beautician Vanya Gaberova Convicted in UK Russian Spy Ring Case, Also Secured Bounce Back Loan, Echoing ISIS-Linked BBL Fraud
Vanya Gaberova, convicted in a UK Russian spy ring, also fraudulently obtained a Bounce Back Loan, mirroring high-profile ISIS-linked fraud cases. […]