
Barclays Ordered to Pay £1,000 for Bounce Back Loan Application Mishandling, Ombudsman Upholds Complaint

A director who overstated turnover to secure a £50,000 Barclays Bounce Back Loan claimed it funded business refurbishments but provided no evidence, sold the business for £3,000, and now faces a 10-year ban. […]
Insolvency Service figures highlight Barclays as the only Bounce Back Loan lender actively pursuing meaningful enforcement against defaulters and fraudsters. […]
Three directors face 4, 6, and 7-year bans for misusing £100,000 in Bounce Back Loans from Barclays and Santander. Explore the fraud behind these loan failures. […]
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