
Barclays Denies Bounce Back Loan and Closes Account, Ombudsman Dismisses Complaint

EBarclays claimed a government guarantee for a £50,000 Bounce Back Loan after a director overstated turnover and failed to repay, leading to a 10-year ban. Learn about this default. […]
Qaiser Ali, director of QS Management Consultancy Limited, has been banned for 10 years for securing two £50,000 Barclays Bounce Back Loans. The company was wound up in the High Court, and debt collectors opted not to pursue bankruptcy. […]
Insolvency practitioners prioritize creditors, secretly reporting Bounce Back Loan misconduct, as one director learned with a 10-year ban. […]
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