9-Year Ban for Director’s Post-Cutoff Bounce Back Loan Fraud
BBL Blaggers
Director Walloped with an 11-Year Ban for Blagging Four BBLs from Santander, Metro, HSBC, and Starling
A director’s banned 11 years for nabbing four BBLs from Santander, Metro, HSBC, and Starling and not paying them back. See her mega blag! […]
Special Reports
Starling Bank’s £29m Fine for Financial Crime Lapses Triggers CEO Anne Boden’s Exit
Starling Bank’s £29m fine for anti-money laundering failures, reduced from £41m due to cooperation, led to CEO Anne Boden’s abrupt departure, exposing systemic issues at the Bounce Back Loan lender. […]
BBL Blaggers
Ummal Sultan, director of Ummal Occupational Consultancy Limited, faces an 11-year ban for overstating his company’s estimated turnover to secure a £50,000 Lloyds Bank Bounce Back Loan, transferring funds to himself, a relative, and a third party, and buying an electric scooter.
Read on for details of this case, including the Electric Scooter. […]