Lloyds – Page 10 – Bounce Back Loan

Further Names Added – Judges Start Liquidating Limited Companies Suspected by Starling Bank of Fraudulently Obtaining Bounce Back Loans, with Lloyds Bank Filing More Winding-Up Petitions – Is Your Company Listed? Verify Now

Starling and Lloyds Bank target more companies with High Court wind-ups for Bounce Back Loan fraud—check if your firm is on the growing list! […]

Gareth Butler of Power 2 Upgrade Limited Banned for 9 Years for Over-Estimating Turnover to Secure £50,000 Lloyds Bank Bounce Back Loan

Gareth Butler, director of Power 2 Upgrade Limited, faces a nine-year ban, starting June 24, 2024, for over-estimating his company’s turnover to obtain a £50,000 Lloyds Bank Bounce Back Loan. […]

As Anticipated, Lloyds Bank Pursues High Court Winding-Up Orders for Multiple Companies, Engaging the Same Solicitors as Starling Bank – Recent Developments in the Bounce Back Loan Scheme Unravel

Lloyds Bank, alongside Starling, escalates High Court wind-ups against companies, using shared solicitors to tackle Bounce Back Loan fraud. […]

Shahzada Saleem of Fored Solutions Ltd Banned for 10 Years for Fraudulently Securing £50,000 Lloyds Bank Bounce Back Loan, Now in Pakistan

Shahzada Saleem, director of Fored Solutions Ltd, faces a 10-year ban for fraudulently obtaining a £50,000 Lloyds Bank Bounce Back Loan. […]

Darren McGahey of Global Fitouts (North) Limited Banned for 5 Years for Failing to Repay £50,000 Lloyds Bank Bounce Back Loan Post-CBILS

Darren McGahey, director of Global Fitouts (North) Limited, faces a lenient five-year ban for not repaying a £50,000 Lloyds Bank Bounce Back Loan after securing a £175,000 Iwoca CBILS loan, as required. […]

Bank Chiefs Scramble as Covid Commissioner Looms, Push to Liquidate BBL Fraud Firms

• Fearing Labour’s Covid Corruption Commissioner, bank leaders like Barclays and Lloyds are now pursuing High Court liquidations of companies that defrauded BBLs. […]

Nassar Ali of AHNA Limited Banned for 8 Years for Falsely Claiming £200,000 Turnover to Secure £50,000 Lloyds Bank Bounce Back Loan

Nassar Ali, director of AHNA Limited, faces an eight-year ban after claiming a £200,000 turnover, when it was £4,830.55, to obtain a £50,000 Lloyds Bank Bounce Back Loan. […]

Bounce Back Loan Lenders Outraged as HSBC Bypassed BBL Scheme Security Measures, Exposing Their Banks to Misuse – Industry Insiders Claim HSBC Offered Lord Udny-Lister, Boris Johnson’s Chief of Staff, a Job and Paid Sajid Javid to Avoid Penalties – See an HSBC Executive Publicly Confirm the Former

HSBC’s security lapses in the Bounce Back Loan scheme spark lender outrage, with allegations of jobs offered to insiders to dodge penalties. […]

Cheryl Smith Banned for 7 Years for Fraudulently Securing Lloyds Bank Bounce Back Loan Post-Resignation and Misusing Funds

Cheryl Smith faces a seven-year ban after applying for a Lloyds Bank Bounce Back Loan in 2020 for Cast Interiors Ltd, despite resigning as director in 2019, and transferring the funds to herself. […]

David John Stevenson of Nonslip Flooring Ltd Banned for 11 Years for Grossly Overstating Turnover to Secure £50,000 Lloyds Bank Bounce Back Loan

David John Stevenson, director of Nonslip Flooring Ltd, faces an 11-year ban after massively exaggerating his company’s turnover to obtain a £50,000 Lloyds Bank Bounce Back Loan. […]