Natwest – Page 2 – Bounce Back Loan

London High Court Orders Spain-Based Director Joseph Harrison to Repay £38,295 for Fraudulent BBL and Imposes 12-Year Directorship Ban

Joseph Harrison, former director of South East Commercials Ltd, now residing in Spain, has been ordered by London’s High Court to repay £38,295 obtained through a second Bounce Back Loan (BBL) deemed fraudulent. The court also imposed a 12-year directorship ban, citing his exploitation of a lenient BBL lending process. […]

NatWest Customer’s Plea to Personally Repay Company’s BBL Denied After Account Closure and Default, Ombudsman Rejects Complaint Citing Business Cessation

A NatWest customer, struggling to personally settle his limited company’s Bounce Back Loan (BBL), faced a harsh setback when the bank closed his account and marked the loan as defaulted. Claiming unfair treatment, he escalated the issue to the Financial Ombudsman Service. However, the Ombudsman dismissed his complaint. […]

Liam Hennessey, Director of Nero Plant Limited, Faces 11-Year Ban for Fraudulently Securing £50,000 NatWest Bounce Back Loan Despite £3,262.50 Eligibility

Liam Hennessey, director of Nero Plant Limited, has been banned for 11 years after fraudulently obtaining a £50,000 Bounce Back Loan from NatWest. […]

Musaffa Wadood Chowdhury, MC Advice Limited Director, Disqualified for 11 Years for Fraudulently Obtaining a Second £50,000 Bounce Back Loan

Directors who applied for Bounce Back Loans for ineligible firms face disqualification for defrauding the government’s support scheme. […]

NatWest Ordered to Pay £500 Compensation for Error Blocking Bounce Back Loan PAYG Options, Ombudsman Upholds Complaint

NatWest’s error on a pre-populated PAYG application form prevented a customer from accessing Bounce Back Loan repayment options. The Ombudsman upheld the complaint, ordering NatWest to pay £500 compensation for their mistake. […]

Taxpayers Could Foot Bill for Ryan Giggs’ NatWest Bounce Back Loan as George’s Dining Room and Bar (RKB Ventures Ltd) Succumbs to Economic Downturn and Cost of Living Crisis

Ryan Giggs’ NatWest Bounce Back Loan default at his struggling bar may burden taxpayers, hit by economic downturn and rising costs. […]

Lenders’ Red Flags: Signs Your Bounce Back Loan Lender Suspects Fraud – Read the Letters You’ll Get Sent If You Are on their Radar

Uncover the warning signs lenders use to spot Bounce Back Loan fraud and what their demand letters reveal about suspected misconduct. […]

Upper Tribunal Judge Marion Caldwell KC Upholds Traffic Commissioner’s Decision to Deny Operator’s Licence Over Fraudulent Royal Bank of Scotland Bounce Back Loan

Judge Marion Caldwell KC backs the Traffic Commissioner’s denial of an operator’s licence due to a fraudulent Royal Bank of Scotland Bounce Back Loan. […]