Transcript of the Bounce Back Loan (BBL) Recoveries and Collections Discussion: British Business Bank, Credit Services Association, and UK Finance
BBL Blaggers
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. […]
Special Reports
Ombudsman Rejects Complaint Over Barclays’ Frequent Texts and Letters About Missed Bounce Back Loan Payments
Barclays bombarded a customer with BBL payment reminders, but the Ombudsman dismissed the complaint. We explore why this ruling hurts borrowers. […]
BBL Blaggers
Director Banned for 10 Years for Overstating Turnover to Secure Two £50,000 Lloyds Bank Bounce Back Loans, Left Unpaid
A director has been disqualified for 10 years after exaggerating the turnover of two companies to secure £50,000 Bounce Back Loans from Lloyds Bank for each, totalling £100,000, both of which remained unpaid at liquidation. […]