Starling Bank Targets Companies with High Court Winding-Up Orders, Joining Barclays and Aggressive BBL Recovery Efforts
Special Reports
Public Accounts Committee Slams Lax Bounce Back Loan Fraud Action, Accuses Banks of Guarantee Abuse
The Public Accounts Committee blasts weak Bounce Back Loan fraud enforcement, suggesting banks are recklessly claiming guarantees with little oversight. […]
BBL Blaggers
10-Year Ban for Director Overstating Turnover to Secure £50k Barclays Loan
A director who exaggerated turnover to bag a £50,000 Barclays Bounce Back Loan, when only eligible for £5,713, has been hit with a 10-year ban. Learn about this significant overreach. […]
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. […]