Upper Tribunal Judge Marion Caldwell KC Upholds Traffic Commissioner’s Decision to Deny Operator’s Licence Over Fraudulent Royal Bank of Scotland Bounce Back Loan
BBL Blaggers
Bisamba Victor Nkoy-Mbumba of Victorelectric Ltd Banned for 9 Years for Falsifying Turnover and Misusing £50,000 NatWest Bounce Back Loan
Bisamba Victor Nkoy-Mbumba, director of Victorelectric Ltd, has been disqualified for nine years after overstating his company’s turnover to secure a £50,000 NatWest Bounce Back Loan. […]
Special Reports
HSBC Executive Details Bank’s Approach to Bounce Back Loan Defaults, Arrears, and When They Cease Debt Recovery
HSBC’s top exec reveals their strategy for BBL defaults and when they stop chasing debts. We break down key insights for borrowers. […]
BBL Complaints Upheld
Co-Operative Bank Ordered to Pay £100 for Seizing £50k Bounce Back Loan, Ombudsman Upholds Complaint
Co-Operative Bank closed an SME’s account and seized a £50k Bounce Back Loan for risk reasons. The Ombudsman upheld the complaint, ordering £100 compensation. […]