
Directors Banned for £120,000 Bounce Back Loan Fraud Defaults

NatWest delayed paying out a customer’s account balance after declining a Bounce Back Loan and closing their account. The Ombudsman upheld the complaint, ordering compensation. […]
Muhammad Shafqat Islam, director of Foodie N Moodie Ltd, begins a 10-year director ban on April 24, 2025, for fraudulently obtaining a TSB Bounce Back Loan.
The parents of the Princess of Wales face scrutiny after defaulting on a £220,000 CBILS loan, spotlighting their financial difficulties. […]
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