The UK Financial Intelligence Unit Shares Insights on Suspicious Activity Reports and Efforts to Combat Organised Crime Groups Involved in Fraud Within the Bounce Back Loan Scheme and Covid Business Grant Schemes
Special Reports
MP Siobhain McDonagh Questions Bank CEOs on Bounce Back Loan Defaults and Fraud, Barclays Chief Claims High Non-Repayment Was Part of Scheme’s Design
Siobhain McDonagh MP confronts top bank CEOs over billions in unpaid Bounce Back Loans, exposing fraud and defaults. Barclays’ boss defends the losses, claiming they were built into the scheme’s structure. […]
Special Reports
Is Lloyds Bank Exploiting Bounce Back Loan Borrowers with a £7 Charge for Each Failed BBL Repayment, While Funding Rachel Reeves’ Chelsea Flower Show Tickets? New Government, Same Old Story!
Lloyds Bank faces scrutiny for charging £7 per failed Bounce Back Loan repayment while sponsoring Rachel Reeves’ event tickets—same old exploitation? […]
Special Reports
Department for Trade Revises Bounce Back Loan Privacy Policy
The Department for Trade has updated its Bounce Back Loan privacy policy, raising questions about new implications for borrowers and lenders. […]