Barclays – Page 64 – Bounce Back Loan

Barclays Ordered to Pay Increased Compensation for Bounce Back Loan Appointment Error, Ombudsman Upholds Complaint

Barclays scheduled a Bounce Back Loan account appointment when the branch was closed. The Ombudsman upheld the complaint, increasing compensation for the error. […]

Director Banned 6 Years for Hiding Bounce Back Loan Spending

A director faces a 6-year ban for failing to disclose how Bounce Back Loan funds were used, raising suspicions of misuse. Dive into the details of this secretive financial misconduct. […]

Barclays BBL Borrower Escaped Scrutiny Until Insolvency After Turnover Fraud, Faces 8-Year Disqualification

A Barclays customer dodged detection for turnover lies until insolvency, earning an 8-year ban. We trace their downfall. […]

11-Year Bans for Dual Bounce Back Loan Fraud and Hidden Distress

Directors face 11-year bans for fraudulently securing Bounce Back Loans from Barclays and Paragon while hiding business woes. Discover the double-dealing that led to their downfall. […]

6-Year Ban for Zero-Turnover Bounce Back Loan Fraud and Misuse

A director’s false £100,000 turnover claim to secure a £25,000 Barclays Bounce Back Loan, spent on personal needs, led to a 6-year ban. Explore this blatant financial scam. […]

Barclays Recalls Bounce Back Loan After Account Review, Ombudsman Dismisses Complaint

Barclays approved, then recalled a Bounce Back Loan after locking and reviewing an account. The Ombudsman dismissed the complaint, finding the action fair. […]

Barclays Denies Bounce Back Loan for Unproven Trading Date, Ombudsman Dismisses Complaint

Barclays denied a Bounce Back Loan for unproven trading before March 2020. The Ombudsman dismissed the complaint, agreeing with the bank’s eligibility check. […]

Insolvency Service Confirms BEIS’s Odd Rule Under Kwasi Kwarteng: 8-Year Ban for Overstating BBL Turnover by Over 25% of Allowed 25% During Insolvency

BEIS’s strange rule, backed by Kwasi Kwarteng, slaps 8-year bans on directors for exaggerating BBL turnover during insolvency. We dissect this bizarre policy. […]

Shoddy Records Lead to 6-Year Ban for £50k Bounce Back Loan Misuse

A director’s sloppy bookkeeping and refusal to share accounts for a £50,000 unpaid Bounce Back Loan triggered a 6-year disqualification. Uncover the murky details behind this financial fiasco. […]

11-Year Ban for Bounce Back Loan Turnover Fraud and Silent £35k Use

A director’s turnover inflation and refusal to explain a £35,000 Barclays Bounce Back Loan’s use led to an 11-year ban. Dive into the fraud and secrecy behind this case. […]