Lloyds – Page 5 – Bounce Back Loan

Lloyds Ordered to Pay Compensation for Faulty System Logging Bounce Back Loan Defaults, Ombudsman Upholds Complaint

HLloyds’ defective credit reporting system repeatedly logged a non-defaulted Bounce Back Loan as defaulted, requiring manual fixes. The Ombudsman upheld the complaint, ordering compensation for the error. […]

Ansarul Hoque of Indian 109A Ltd Banned for 5 Years for Failing to Account for £50,000 Lloyds Bank Bounce Back Loan

Ansarul Hoque, director of Indian 109A Ltd, faces a lenient five-year ban after failing to explain to the liquidator the usage of a £50,000 Lloyds Bank Bounce Back Loan. […]

Haroon Khan of Westcliff Pizza Ltd Banned for 11 Years for Falsely Estimating Turnover and Misusing £46,000 Lloyds Bank Bounce Back Loan

Haroon Khan, director of Westcliff Pizza Ltd, faces an 11-year ban after over-estimating his company’s turnover to secure a £46,000 Lloyds Bank Bounce Back Loan and using it for personal expenses. […]

Vasile Cozma of Cozma Transport Limited Banned for 10 Years for Overstating Turnover Tenfold to Secure £50,000 Lloyds Bank Bounce Back Loan

Vasile Cozma, a Romanian director of Cozma Transport Limited, faces a 10-year ban after overstating his company’s turnover by over 10 times to secure a £50,000 Lloyds Bank Bounce Back Loan. […]

Sulieman Khan Zazaii of Super Pizza Swindon Limited Banned for 10 Years for Falsely Estimating Turnover to Secure £48,000 Lloyds Bank Bounce Back Loan

Sulieman Khan Zazaii, also known as Suliman Aruby, director of Super Pizza Swindon Limited, faces a 10-year ban for over-estimating his company’s turnover to secure a £48,000 Lloyds Bank Bounce Back Loan. […]

Crime Gang Members Jailed for Bounce Back Loan Fraud and Other Crimes

sif Hussain and Ibraaz Shafique were sentenced to 15 and 5 years, respectively, for crimes including fraudulently obtaining three Bounce Back Loans. […]

Mohammad Dawood Niazi of Kebabish Hampshire Ltd Banned for 6 Years for Failing to Provide Records for Lloyds Bank Bounce Back Loan

AMohammad Dawood Niazi, director of Kebabish Hampshire Ltd, faces a lenient six-year ban for not providing accounting records to the liquidator, preventing verification of the legitimacy and usage of a Lloyds Bank Bounce Back Loan. […]

Starling Bank’s Forced Liquidation Push Winds Up 25 Companies in BBL Fraud Crackdown

The High Court has wound up 25 of 30 companies targeted by Starling Bank for alleged Bounce Back Loan fraud, with five cases dismissed—more actions expected […]

Narayanan Sreekumar Potti the Director of Dosa N Chutny Ltd Starting an 11 Year Ban Today for Blagging Two Bounce Back Loans (HSBC and Lloyds) and Using Most of the Money to Pay Off His Personal Loans

Read on for the full details of this case. […]

Anatoli Nikolaev of Svishtov Ltd Banned for 10 Years for Falsifying Turnover to Secure £50,000 Lloyds Bank Bounce Back Loan, Unpursued

Anatoli Nikolaev, a Bulgarian director of Svishtov Ltd, faces a 10-year ban for overstating his company’s turnover to secure a £50,000 Lloyds Bank Bounce Back Loan. […]