Lloyds – Page 14 – 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. […]

Dimitar Dafkov Stoyanov of DDS Build Ltd Banned for 10 Years for Overstating Turnover to Secure £50,000 HSBC Bounce Back Loan

Dimitar Dafkov Stoyanov, director of DDS Build Ltd, has been disqualified for 10 years after exaggerating his company’s turnover to obtain a £50,000 HSBC Bounce Back Loan. […]

Imtiaz Haroon Alimahomed of MBS Health And Wellbeing Ltd Banned for 11 Years for Falsifying Turnover and Misusing £49,995 Lloyds Bank Bounce Back Loan

Imtiaz Haroon Alimahomed, director of MBS Health And Wellbeing Ltd, faces an 11-year ban after overstating his company’s turnover to secure a £49,995 Lloyds Bank Bounce Back Loan and transferring £20,000 to himself. […]