Barclays – Page 25 – Bounce Back Loan

Asim Mohammed, Director of Frozen Beverages Ltd, Banned for 10 Years for Misrepresenting Turnover to Secure £50,000 Barclays Bounce Back Loan

Asim Mohammed, director of Frozen Beverages Ltd, has been disqualified for 10 years for exaggerating company turnover to obtain a £50,000 Barclays Bounce Back Loan. The ban, effective immediately, follows an investigation into misuse of government-backed financial support. […]

Sean Carberry of ATL Recruitment 12 Ltd Banned for 11 Years for Illegally Obtaining Dual Bounce Back Loans from NatWest and Barclays

Sean Carberry, director of ATL Recruitment 12 Ltd, has been disqualified for 11 years after fraudulently securing two Bounce Back Loans—one from NatWest and one from Barclays—for his company, despite regulations permitting only one loan. […]

Six Sole Traders Hit with Bankruptcy Orders for Bounce Back Loan Abuse

Six sole traders face bankruptcy restrictions for misusing Bounce Back Loans. Explore the details of their financial misconduct and the penalties they now face. […]

Barnet Director Begins 9-Year Ban for Misrepresenting Turnover to Secure £30,000 Barclays Bounce Back Loan

A Barnet director faces a nine-year ban for inflating turnover on 4 May 2020 to secure a £30,000 Barclays Bounce Back Loan, which went unpaid after creditors’ voluntary liquidation in January 2023. The case highlights financial misconduct during the pandemic. […]

Ombudsman Paul Advises Directors to Cooperate with Bounce Back Loan Lenders During Strike Off to Avoid Debt Pursuit and Lift Company Dissolution Blocks

Ombudsman Paul urges directors to work with Bounce Back Loan lenders during company strike-off processes to secure debt write-offs and remove dissolution barriers. […]

Wigan Director Receives 10-Year Ban for Misrepresenting Turnover to Secure £30,000 Barclays Bounce Back Loan

A Wigan director faces a 10-year ban for exaggerating company turnover to obtain a £30,000 Barclays Bounce Back Loan, which remained unpaid after creditors’ voluntary liquidation. The disqualification highlights misuse of pandemic relief funds. […]

Director Banned for 10 Years for Misrepresenting Turnover and Misusing £50,000 Barclays Bounce Back Loan

A director has been banned for 10 years for inflating turnover to secure a £50,000 Barclays Bounce Back Loan and transferring £14,000 to herself. The liquidator accepted a £1,200 settlement, with the disqualification for financial misconduct. […]

11-Year Bankruptcy Order for Manchester Bounce Back Loan Fraud

A Gorton, Manchester individual faces an 11-year bankruptcy restriction for securing an ineligible £50,000 Bounce Back Loan. Learn how this brazen fraud led to severe consequences. […]

Halifax Director Faces 11-Year Ban for Misrepresenting Turnover to Secure £50,000 Barclays Bounce Back Loan

A Halifax director has been banned for 11 years for inflating company turnover by over six times to obtain a £50,000 Barclays Bounce Back Loan. The disqualification, effective immediately, was imposed following an investigation into misuse of pandemic relief funds. […]

Solihull Director Receives 6-Year Ban for Misrepresenting Turnover to Secure Barclays Bounce Back Loan

A Solihull director has been banned for six years for inflating company turnover to obtain a Barclays Bounce Back Loan. The liquidator closed the case without pursuing personal repayment due to high costs, with the disqualification.. […]