Barclays – Page 3 – Bounce Back Loan

Munir Ahmed, Sky Travel World Ltd Director, Banned for 9 Years for Exaggerating Turnover to Obtain £50,000 Barclays Bounce Back Loan

The Insolvency Service’s probes into Bounce Back Loan fraud have banned directors for ignoring loan repayment obligations. […]

Lenders’ Red Flags: Signs Your Bounce Back Loan Lender Suspects Fraud – Read the Letters You’ll Get Sent If You Are on their Radar

Uncover the warning signs lenders use to spot Bounce Back Loan fraud and what their demand letters reveal about suspected misconduct. […]

Barclays Bank Resumes High Court Winding Up Petitions After Two-Year Pause, Targeting Companies with New Analysis of Tax Returns and Turnover Data

Barclays restarts High Court wind-ups after a two-year break, targeting companies with suspect Bounce Back Loans using advanced tax and turnover analysis. […]

Kenneth Crawley and Michael Crawley, Abbey Tours UK Limited Directors, Banned for 6 and 10 Years for Overstating Turnover to Secure £50,000 Barclays Bounce Back Loan

Bounce Back Loan misuse, including payments to unconnected parties, has led to directors facing Insolvency Service action. […]

Simrandeep Singh Sangha, 1st Step Accommodation Limited Director, Disqualified for 10 Years and 6 Months for Overestimating Turnover to Obtain £50,000 Barclays Bounce Back Loan

The Insolvency Service’s pursuit of Bounce Back Loan fraud has banned directors for fabricating trading records. […]

David Klein, European Innovation Network Limited Director, Disqualified for 9 Years for Overstating Turnover to Secure £50,000 Barclays Bounce Back Loan

The government’s Bounce Back Loan scheme was exploited, with directors now banned for falsifying loan justifications.
[…]

Deputy Insolvency and Companies Court Judge Parfitt Bans Director for 8 Years Over £25,000 Bounce Back Loan Fraud but Rejects Government’s Compensation Order

Judge Parfitt imposes an 8-year director ban for £25,000 Bounce Back Loan fraud but denies the government’s push for a compensation order. […]

Judge Barber’s Legal Reasoning for 9-Year Director Ban Over £20,000 Barclays Bounce Back Loan Fraud, Citing Prior BBL Case Law

Judge Barber’s 9-year director ban for £20,000 Barclays Bounce Back Loan fraud is grounded in prior case law, setting a precedent for future rulings. […]