Barclays – Page 15 – Bounce Back Loan

Gurdeep Singh, Director of Kandola Kuriers Limited, Banned for 9 Years for Misrepresenting Turnover and Misusing £25,000 Barclays Bounce Back Loan

Gurdeep Singh, director of Kandola Kuriers Limited, faces a nine-year ban for inflating turnover to secure a £25,000 Barclays Bounce Back Loan and transferring it to himself. Liquidator Ashok Bhardwaj noted no recoverable assets. […]

Ombudsman Clarifies Government Exempted Bounce Back Loans from Consumer Lending Rules, So Requiring Barclays to Provide a Detailed Graph of Monthly Interest Payments Would Be Overly Burdensome

The Ombudsman notes Bounce Back Loans’ exemption from consumer lending rules, deeming Barclays’ detailed interest payment graphs too burdensome to provide. […]

Nick Addison, Director of Addison’s Quality Ltd, Receives 13-Year Ban for Misrepresenting Turnover to Secure £50,000 Barclays Bounce Back Loan

Nick Addison, director of Addison’s Quality Ltd, has been banned for 13 years, the longest disqualification for Bounce Back Loan misuse, for inflating turnover to secure a £50,000 Barclays Bounce Back Loan. The ban was imposed by the High Court. […]

Yaqoob Hussain, Director of I&S Furniture Ltd, Banned for 9 Years for Misrepresenting Turnover to Secure £50,000 Barclays Bounce Back Loan

Yaqoob Hussain, director of I&S Furniture Ltd, faces a nine-year ban for exaggerating turnover to secure a £50,000 Barclays Bounce Back Loan. The disqualification underscores misuse of pandemic relief funds. […]

Folasade Paseda and Tunde Olufemi Williams, Directors of Willing and Able Limited, Receive 8 and 7-Year Bans for Securing Two Bounce Back Loans from Barclays and Santander

Folasade Paseda and Tunde Olufemi Williams, directors of Willing and Able Limited, face eight- and seven-year bans, respectively, for securing two Bounce Back Loans from Barclays and Santander. The bans highlight multiple loan scheme violations. […]

Exposed – Key Warning Signs (Including Real-Life Cases) Lenders Scrutinize Before Targeting Bounce Back Loan Defaulting Limited Companies for High Court Winding-Up, and the Consequences That Follow

Uncover the red flags lenders use to target defaulting Bounce Back Loan companies for High Court wind-ups, with real cases and their fallout revealed. […]

Jacqueline Daniels, Director of Latton Catering Ltd, Receives 11-Year Ban for Misrepresenting Turnover and Misusing £50,000 Barclays Bounce Back Loan

Jacqueline Daniels, director of Latton Catering Ltd, has been banned for 11 years for inflating turnover to secure a £50,000 Barclays Bounce Back Loan and transferring it to herself and unknown parties. The ban reflects serious misconduct. […]

British Business Bank Continues to Overlook Rogue Bounce Back Loan Lenders as Another Is Exposed for Illegally Charging BBL Recipients Fees – Barclays Offers Meagre £75 Compensation to Affected Customer for Their Deceptive Practices

The British Business Bank ignores rogue lenders charging illegal Bounce Back Loan fees, with Barclays offering a paltry £75 to a deceived customer. […]

Neal Jivan, Director of Neal Autos Limited, Banned for 10 Years for Misrepresenting Turnover to Secure £50,000 Barclays Bounce Back Loan

Neal Jivan, director of Neal Autos Limited, faces a 10-year ban for exaggerating turnover to secure a £50,000 Barclays Bounce Back Loan and a top-up. The disqualification reflects misuse of government-backed financial support. […]

Matthew Whitlow, Director of Whitlow Engineering Ltd, Banned for 4 Years for Failing to Repay Barclays Bounce Back Loan After Securing CBILS Loan

Matthew Whitlow, director of Whitlow Engineering Ltd, faces a four-year ban for not repaying a Barclays Bounce Back Loan after securing a £100,000 CBILS loan, as required by scheme rules. The disqualification highlights financial misconduct. […]