Barclays Justified in Marking Bounce Back Loan Applicant as Fraudulent, Closing Accounts, Says Ombudsman
BBL Blaggers
Ugochukwu Marcus, Director of Ugochukwu Marcus Limited, Gets 11-Year Ban for Over-Estimating Turnover by £196,500 to Blag £50,000 Barclays Bounce Back Loan and Transferring It Personally
Ugochukwu Marcus, director of Ugochukwu Marcus Limited, has been hit with an 11-year ban for inflating his company’s turnover by £196,500 to secure a £50,000 Barclays Bounce Back Loan, which he then transferred to himself for personal use. […]
BBL Blaggers
Director Faces Ban After Barclays Winds Up Company, Bounty Hunters Circle
Barclays wound up another company in the High Court for a misused Bounce Back Loan, with Lord Agnew’s bounty hunters poised to pursue the director, who now faces a 10-year ban. Read more. […]
BBL Complaints Upheld
HSBC Ordered to Pay £500 for Feeder Account Delay Blocking Bounce Back Loan, Ombudsman Upholds Complaint
ThHSBC’s eight-month delay in processing a feeder account prevented a Bounce Back Loan. The Ombudsman upheld the complaint, awarding £500, though eligibility was questionable. […]