10-Year Ban for Keighley Director’s £2M Turnover Lie
BBL Blaggers
Three Directors Banned for 6 Years for Misusing £23,000 and £29,000 Santander and £25,000 Lloyds Bounce Back Loans for Personal Benefit
Three directors have been disqualified for six years after using two Santander Bounce Back Loans (£23,000 and £29,000) and a £25,000 Lloyds Bank Bounce Back Loan for personal benefit during company wind-ups. […]
BBL Blaggers
Majid Habib, Director of Netsys Ltd, Banned for 10 Years for Misrepresenting Turnover to Secure £49,000 Barclays Bounce Back Loan
Majid Habib, director of Netsys Ltd, faces a 10-year ban for exaggerating turnover to secure a £49,000 Barclays Bounce Back Loan. The liquidator noted little hope of recovery, highlighting misuse of pandemic relief funds. […]
BBL Complaints Upheld
HSBC Ordered to Pay £200 for Issuing Bounce Back Loan in Sole Trader Name, Ombudsman Upholds Complaint
HSBC issued a Bounce Back Loan in a sole trader’s name instead of his Ltd company, citing pandemic workload. The Ombudsman upheld the complaint, awarding £200 compensation. […]