Barclays – Page 10 – Bounce Back Loan

Amy Shishler, Director of Precious and Posh Ltd, Receives 10-Year Ban for Misrepresenting Turnover to Secure £20,000 Barclays Bounce Back Loan

Amy Shishler, director of Precious and Posh Ltd, faces a 10-year ban, starting 7 November 2024, for claiming an £80,000 turnover, when it was £15,375, to secure a £20,000 Barclays Bounce Back Loan. The disqualification highlights misuse of funds. […]

Simon Hayes, Director of Hertford Mechanical Limited, Banned for 3.5 Years for Trading to Detriment of HMRC and Leaving £50,000 Barclays Bounce Back Loan Unpaid

Simon Hayes, director of Hertford Mechanical Limited, has been banned for 3.5 years for trading to the detriment of HMRC, leaving a £50,000 Barclays Bounce Back Loan unpaid at liquidation. The ban reflects financial misconduct. […]

Inside Lloyds Bank’s High Court Battles: A Judge Grants Access to Report on Alleged Bounce Back Loan Misconduct Cases

A judge has permitted observation and reporting on Lloyds Bank’s High Court cases involving companies accused of Bounce Back Loan misconduct. These proceedings reveal how the bank is pursuing legal action against businesses suspected of defrauding the government-backed loan program. […]

William and Emma Cregreen, Directors of MovementsUK Corporation Limited, Receive 9 and 5-Year Bans for Misusing £50,000 Barclays Bounce Back Loan and CJRS Funds

William and Emma Cregreen, directors of MovementsUK Corporation Limited, face nine- and five-year bans for fraudulently claiming over £140,000 in CJRS funds and leaving a £50,000 Barclays Bounce Back Loan unpaid. A £20,000 settlement was accepted. […]

Alexandru Turcanu, Director of Aturcanu Ltd, Receives 8-Year Ban for Misrepresenting Turnover to Secure £50,000 Barclays Bounce Back Loan

Alexandru Turcanu, director of Aturcanu Ltd, has been banned for eight years for exaggerating turnover to secure a £50,000 Barclays Bounce Back Loan. The liquidator is negotiating a £20,000 settlement. […]

7-Year Bankruptcy Order for Dixon’s Dual Bounce Back Loan Fraud

Shaun David Dixon faces a 7-year bankruptcy restrictions order for securing a £7,500 Barclays Bounce Back Loan, then blagging a £16,250 HSBC Bounce Back Loan for the same business. Uncover how this double-dip led to financial penalties. […]

Samantha Fairweather, Director of Fairweather Construction Ltd, Receives 8-Year Ban for Misusing Barclays Bounce Back Loan and Other Misconduct

Samantha Fairweather, director of Fairweather Construction Ltd, has been banned for eight years for transferring a Barclays Bounce Back Loan to herself, failing to pay taxes, and taking deposits for uncompleted work. The ban reflects multiple violations. […]

Dustin, Director of Sussex Removal Ltd, Sussex Gym Group Ltd, Sussex Supplements Ltd, and Sussex Imports Limited, Banned for 12 Years for Misrepresenting Turnover to Secure Four Barclays Bounce Back Loans

Dustin, director of multiple Sussex-based companies, faces a 12-year ban for exaggerating turnover to secure four Barclays Bounce Back Loans. The disqualification reflects severe misuse of the government-backed loan scheme. […]

NatWest Joins Barclays, Lloyds, and Starling in High Court Push to Wind Up Companies with Government-Backed Loans – Is Your Business on the List?

NatWest has filed a series of High Court winding-up petitions targeting companies suspected of misusing government-backed loans, following similar moves by Barclays, Lloyds, and Starling Bank. With a surge in recent filings, businesses are urged to check if they’re named in these legal actions, as the clampdown on loan misconduct intensifies. […]

Ombudsman Rules £300 Adequate Compensation After Barclays Wrongly Applied a CIFAS Fraud Marker, Misplaced All Records, and Caused His Business to Miss a Bounce Back Loan, Resulting in Insolvency

Complainant receives £300 compensation after Barclays’ erroneous CIFAS fraud marker and lost records led to his business missing a Bounce Back Loan and collapsing. […]