Barclays Recalls Bounce Back Loan Days After Approval, Ombudsman Dismisses Complaint
BBL Blaggers
Mohammad Hamed Zare, Director of Woodland Pizza Centre Ltd, Begins 9-Year Ban for Overstating Turnover to Secure £50,000 Barclays Bounce Back Loan
Directors who fabricated trading history to secure Bounce Back Loans face bans for defrauding the scheme. […]
BBL Complaints Upheld
NatWest Ordered to Write Off Bounce Back Loan Issued in Sole Trader Name, Ombudsman Upholds Complaint
NatWest issued a Bounce Back Loan in a customer’s sole trader name instead of his Ltd company. The Ombudsman upheld the complaint, ordering the loan written off and £300 compensation. […]
BBL Blaggers
Biser Iliev, Director of Bulprima Ltd, Banned for 8 Years for Misrepresenting Turnover to Secure £30,000 Barclays Bounce Back Loan
Biser Iliev, director of Bulprima Ltd, faces an eight-year ban for exaggerating turnover to secure a £30,000 Barclays Bounce Back Loan. The disqualification reflects misuse of the government-backed loan scheme. […]