BBL Bans – Page 52 – Bounce Back Loan

13-Year Ban for Pakistani Director Misusing 11 Barclays Loans and Investors

Khalid Iqbal Bhatti faces a 13-year ban for defrauding investors and securing 11 Barclays Bounce Back Loans through misconduct. Uncover the scale of this international fraud case. […]

HSBC’s failure to update an error-ridden Bounce Back Loan database hindered a customer’s loan application elsewhere. The Ombudsman upheld the complaint, awarding £400.

It became apparent to many people that the so called BBL database that was set up many weeks after the BBL scheme was launched to add another level of protection to banks against fraudulent and duplicate applications was error riddled. This case somewhat proves that beyond all reasonable doubt. […]