Barclays – Page 19 – Bounce Back Loan

Jawad Khan Stanekzai, Director of JKS Cars Ltd, Banned for 10 Years for Misrepresenting Turnover to Secure Barclays Bounce Back Loan

Jawad Khan Stanekzai, director of JKS Cars Ltd, faces a 10-year ban for exaggerating turnover to secure a Barclays Bounce Back Loan. Insolvency Practitioner Andrew Richard Bailey reported the misconduct, leading to the disqualification. […]

Moammar Mohammed Yahya Al-Shayef, Director of VIP Express Services Ltd, Receives 10-Year Ban for Misrepresenting Turnover to Secure £50,000 Barclays Bounce Back Loan

Moammar Mohammed Yahya Al-Shayef, director of VIP Express Services Ltd, has been banned for 10 years for claiming a non-existent turnover to secure a £50,000 Barclays Bounce Back Loan. The ban reflects serious financial misconduct. […]

Muhammad Khurshid, Director of Spring GRP Ltd, Banned for 10 Years for Misrepresenting Turnover to Secure £50,000 Barclays Bounce Back Loan

Muhammad Khurshid, director of Spring GRP Ltd, faces a 10-year ban for exaggerating turnover to secure a £50,000 Barclays Bounce Back Loan. The disqualification was uncovered during liquidation, highlighting misuse of pandemic relief funds. […]

Kalsoom Akhtar, Director of Paradise (WF) Ltd, Receives 6-Year Ban for Misusing £50,000 Barclays Bounce Back Loan

Kalsoom Akhtar, director of Paradise (WF) Ltd, has been banned for six years for transferring a £50,000 Barclays Bounce Back Loan to herself, her ex-partner, and making cash withdrawals. The lenient ban reflects misuse of funds. […]

Sekinat Folashade Salami, Director of Fresh Strawberry Management Limited, Banned for 10 Years for Securing Two Bounce Back Loans from Tide and Barclays

Sekinat Folashade Salami, director of Fresh Strawberry Management Limited, faces a 10-year ban for securing two Bounce Back Loans from Tide and Barclays. The disqualification highlights multiple violations of the loan scheme’s rules. […]

Barclays Customer’s Complaint Dismissed by Ombudsman After Claiming Bounce Back Loan Default Resulted from Mishearing Income Outcome Assessment Deadline Due to Agent’s Strong Scottish Accent

A Barclays customer blames a Bounce Back Loan default on mishearing a deadline due to an agent’s accent, but the Ombudsman rejects the complaint. […]

Bank Chiefs Scramble as Covid Commissioner Looms, Push to Liquidate BBL Fraud Firms

• Fearing Labour’s Covid Corruption Commissioner, bank leaders like Barclays and Lloyds are now pursuing High Court liquidations of companies that defrauded BBLs. […]

Starling Bank Escalates High Court Winding-Up Petitions Against Limited Companies in Coming Weeks, Potentially Triggering Pursuit by “Bounce Back Loan Bounty Hunters”

Starling Bank ramps up High Court wind-ups, setting the stage for “Bounce Back Loan bounty hunters” to chase defaulting companies in weeks ahead. […]

11-Year Ban for Electrical Director’s Near-Triple Bounce Back Loan Fraud

Gary Haynes, director of Haynes Data, who blagged two Bounce Back Loans from HSBC and Barclays—and nearly a third due to a lender error—faces an 11-year ban. Explore this near-triple fraud. […]