Lloyds – Page 10 – Bounce Back Loan

Reeves Pushes Lenders for BBL Forced Liquidations, Barclays Recovers £456K from Fraudsters

Rachel Reeves incentivizes lenders for the BBL forced liquidation scheme, with Barclays recovering £456,477.48 from 31 fraudsters, though six have disappeared. […]

Sohail Butt of Brooks-VIP Ltd Banned for 9 Years for Falsifying Turnover to Secure £50,000 Lloyds Bank Bounce Back Loan

Sohail Butt, director of Brooks-VIP Ltd, faces a nine-year ban after overstating his company’s turnover to obtain a £50,000 Lloyds Bank Bounce Back Loan. […]

Artur Kaleta of Kaleta Ltd Banned for 9 Years for Falsifying Turnover to Secure £50,000 Lloyds Bank Bounce Back Loan, Exposed by Insolvency

Artur Kaleta, a Polish director of Kaleta Ltd, faces a nine-year ban after overstating his company’s turnover to secure a £50,000 Lloyds Bank Bounce Back Loan, exposed by pursuing insolvency. […]

Mohammed Imiran of Beds 365 Limited Banned for 10 Years for Over-Estimating Turnover to Secure £50,000 Lloyds Bank Bounce Back Loan

Mohammed Imiran, director of Beds 365 Limited, faces a 10-year ban for over-estimating his company’s turnover to secure a £50,000 Lloyds Bank Bounce Back Loan, despite being permitted to estimate. […]

James Patrick Jarvis of JPJ Consultancy Ltd Banned for 9 Years for Illegally Securing Second £50,000 Bounce Back Loan After Lloyds Bank Loan

James Patrick Jarvis, director of JPJ Consultancy Ltd, faces a nine-year ban, starting September 9, 2024, for fraudulently obtaining a second £50,000 Bounce Back Loan after securing one from Lloyds Bank. […]

Covid Commissioner to Scrutinize Bounce Back Loan Scheme—Are You at Risk?

• Rachel Reeves’ Covid Corruption Commissioner is set to investigate Bounce Back Loan abuses, revealing who might face scrutiny and penalties. […]

Elias Jude Pereira of Nanjgel Solutions Ltd Banned for 8 Years for Falsifying Turnover to Secure £50,000 Lloyds Bank Bounce Back Loan

Elias Jude Pereira, director of Nanjgel Solutions Ltd, faces an eight-year ban after overstating his company’s turnover to secure a £50,000 Lloyds Bank Bounce Back Loan. […]

Financial Ombudsman Rules Lloyds Bank Provided a Customer an Unaffordable Business Overdraft, But Finds No Fault in Their Approval of a Bounce Back Loan Three Times Larger 12 Months Later, Citing the Flawed Design of the BBL Scheme

The Ombudsman faults Lloyds for an unaffordable overdraft but clears their larger Bounce Back Loan approval, blaming the scheme’s flawed design. […]

Chinedu Anthony Chilaka of Chicksnk Limited Banned for 10 Years for Fraudulently Securing and Misusing £50,000 Lloyds Bank Bounce Back Loan

Chinedu Anthony Chilaka, a Nigerian director of Chicksnk Limited, faces a 10-year ban for fraudulently obtaining a £50,000 Lloyds Bank Bounce Back Loan and not using it to benefit his company. […]

Olaguke Oladosu of Geelink Limited Banned for 10 Years and Bankrupted for Fraudulently Securing £50,000 Lloyds Bank Bounce Back Loan

Olaguke Oladosu, a Nigerian director of Geelink Limited, faces a 10-year ban and bankruptcy after fraudulently obtaining a £50,000 Lloyds Bank Bounce Back Loan and reneging on a repayment deal with the liquidator. […]