Barclays – Page 27 – Bounce Back Loan

Thornton Heath Director Banned for 8 Years for Misrepresenting Turnover to Secure £50,000 Barclays Bounce Back Loan

A Thornton Heath director has been disqualified for eight years for exaggerating the company’s turnover by nearly tenfold to obtain a £50,000 Barclays Bounce Back Loan. The ban, effective immediately, follows an investigation into the misuse of government-backed funds. […]

Swindon Director Begins 10-Year Ban for Misrepresenting Turnover to Secure £50,000 Barclays Bounce Back Loan

A Swindon director faces a 10-year ban, for falsely claiming a company turnover of £210,000, when it was £14,070, to secure a £50,000 Barclays Bounce Back Loan. The misrepresentation was uncovered during an investigation into financial misconduct. […]

12-Year Ban for Cardiff Director Misusing £50k Barclays Loan

A Cardiff director who overstated turnover for a £50,000 Barclays Bounce Back Loan and swiftly transferred it to himself faces a 12-year ban. Dive into this rapid financial misconduct. […]

11-Year Ban for Tower Hamlets Director Misusing Barclays Loan, No Pursuit

A Tower Hamlets director who overstated turnover for a Barclays Bounce Back Loan, transferred it to himself, and bought a car faces an 11-year ban, with pursuit deemed uneconomical. […]

11-Year Ban for Islington Director Misusing £47k Barclays Loan

An Islington director who overestimated turnover to secure a £47,000 Barclays Bounce Back Loan and used it for personal benefit faces an 11-year ban. Learn about this serious misuse. […]

Coalville Director Faces 11-Year Ban for Misrepresenting Turnover to Obtain Barclays Bounce Back Loan

A Coalville director began an 11-year directorship ban after exaggerating turnover to secure a Barclays Bounce Back Loan. The company was wound up in the High Court by Barclays, and the loan claim was sold to debt collectors now pursuing the director. […]

Brighton Car Hire Director Receives 10-Year Ban for Misrepresenting Turnover to Secure Barclays Bounce Back Loan

The director of a Brighton car hire company has been banned for 10 years for exaggerating business turnover to obtain a higher-valued Barclays Bounce Back Loan than entitled. The disqualification underscores misuse of pandemic support funds. […]

Nelson Director Banned for 10 Years for Misrepresenting Turnover to Secure £28,000 Barclays Bounce Back Loan

A Nelson director faces a 10-year ban for exaggerating turnover to secure a £28,000 Barclays Bounce Back Loan, despite the company’s actual turnover of £3,122 rendering it ineligible. The case highlights ongoing enforcement against loan scheme abuse. […]

Liverpool Director Begins 11-Year Ban for Misusing £50,000 Barclays Bounce Back Loan

A Liverpool director has been disqualified for 11 years, starting 26 February 2024, for securing a £50,000 Barclays Bounce Back Loan using dormant accounts with zero turnover and transferring the funds to a connected company. The ban reflects serious breaches of the loan scheme’s rules. […]

Bradford Director Banned for 9 Years for Misrepresenting Turnover to Secure Barclays Bounce Back Loan

A Bradford director faces a nine-year ban for exaggerating business turnover to secure a higher-valued Barclays Bounce Back Loan, which remained unpaid. The disqualification, effective immediately, highlights the consequences of misusing pandemic support funds. […]