Barclays Ordered to Pay Increased Compensation for Bounce Back Loan Appointment Error, Ombudsman Upholds Complaint
BBL Blaggers
Azhar Ali Shafiq, Director of Buy1248 Ltd, Receives 9-Year Ban for Grossly Overestimating Turnover by 26 Times to Secure a Bounce Back Loan
Azhar Ali Shafiq, director of Buy1248 Ltd, has been handed a 9-year directorship ban after exploiting the Bounce Back Loan scheme. […]
BBL Complaints Dismissed
NatWest Customer’s Plea to Personally Repay Company’s BBL Denied After Account Closure and Default, Ombudsman Rejects Complaint Citing Business Cessation
A NatWest customer, struggling to personally settle his limited company’s Bounce Back Loan (BBL), faced a harsh setback when the bank closed his account and marked the loan as defaulted. Claiming unfair treatment, he escalated the issue to the Financial Ombudsman Service. However, the Ombudsman dismissed his complaint. […]
BBL Blaggers
Paul Scully’s Constituent Banned for 9 Years for Illegally Obtaining £35,000 NatWest Bounce Back Loan After £30,000 Barclays Loan
A constituent of former Under Secretary of State Paul Scully has been disqualified for nine years after fraudulently securing a £35,000 Bounce Back Loan from NatWest, despite already obtaining a £30,000 loan from Barclays. […]