Barclays – Page 6 – Bounce Back Loan

Emal Masood, Director of Emal Safi Limited, Starts 10-Year Ban for Overstating Turnover to Secure £50,000 Barclays Bounce Back Loan

Bounce Back Loan funds misused for personal assets have led to directors facing bans. […]

Ntomfuthi Princess Folorunsho, Director of NP Bespoke Ltd, Starts 9-Year Ban for Inflating Turnover by Over 6 Times to Secure £50,000 Barclays Bounce Back Loan

The Insolvency Service’s efforts have banned directors for channelling Bounce Back Loans to unrelated parties. […]

Karolis Jakas, Director of KKBJ Trans Ltd, Receives 9-Year Ban for Overstating Turnover to Secure £49,900 Barclays Bounce Back Loan

Misusing Bounce Back Loans for personal extravagances has led to directors facing penalties. […]

Starling Bank Targets Companies with High Court Winding-Up Orders, Joining Barclays and Aggressive BBL Recovery Efforts

Starling Bank is escalating its pursuit of companies suspected of Bounce Back Loan (BBL) misuse, filing High Court winding-up orders alongside Barclays and third-party “BBL bounty hunters.” This aggressive crackdown signals a broader push to recover funds from businesses accused of loan fraud. […]

Muhammad Rashid Muneer, Director of RM Business Consultants (UK) Limited, Receives 10-Year Ban for Misrepresenting Turnover to Secure Barclays Bounce Back Loan

Muhammad Rashid Muneer, director of RM Business Consultants (UK) Limited, faces a 10-year ban for exaggerating turnover to secure a Barclays Bounce Back Loan. The disqualification reflects misuse of government-backed funds. […]

Abdul Kabir, Director of Mithai Ghor Limited, Receives 10-Year Ban for Misrepresenting Turnover to Secure £50,000 Barclays Bounce Back Loan

Abdul Kabir, director of Mithai Ghor Limited, faces a 10-year ban for exaggerating turnover to secure a £50,000 Barclays Bounce Back Loan. The disqualification underscores the risks of misusing government-backed financial support. […]

Dorina Contor, Director of Dc Dental Ltd, Receives 8-Year Ban for Misrepresenting Turnover to Secure £49,250 Barclays Bounce Back Loan

Dorina Contor, director of Dc Dental Ltd, faces an eight-year ban, starting 27 December 2024, for exaggerating turnover to secure a £49,250 Barclays Bounce Back Loan. The disqualification underscores misuse of government-backed financial support. […]

Salah Yamani, Director of Land Construction Ltd, Banned for 10 Years for Misrepresenting Turnover and Misusing £50,000 Barclays Bounce Back Loan

Salah Yamani, director of Land Construction Ltd, has been banned for 10 years for inflating turnover to secure a £50,000 Barclays Bounce Back Loan and transferring most as a “gift” to a connected person. The ban reflects serious misconduct. […]

Hyett Elizabeth Ghoul, Director of Awtar Limited, Banned for 7 Years for Misrepresenting Turnover to Secure £50,000 Barclays Bounce Back Loan

Hyett Elizabeth Ghoul, director of Awtar Limited, has been banned for seven years for using an unreasonable turnover estimate to secure a £50,000 Barclays Bounce Back Loan. The ban reflects misuse of government-backed funds. […]

Kieron Lloyd Junior Minto-St.Aimie, Director of St.Aimie’s Sports Academy Community Interest Company, Banned for 8 Years for Misrepresenting Turnover to Secure Barclays Bounce Back Loan

Kieron Lloyd Junior Minto-St.Aimie, director of St.Aimie’s Sports Academy Community Interest Company, has been banned for eight years for inflating turnover to secure a Barclays Bounce Back Loan. The ban reflects financial misconduct. […]