
Defaulting Bounce Back Loan Directors Risk High Court Wind-Ups and Pursuit by Agressive “Bounty Hunters” Who Get a Cut of the Money They Recover

A Barclays customer claimed a Bounce Back Loan was fraudulently transferred. The Ombudsman dismissed the complaint, finding phone calls indicated customer involvement. […]
Sterica Florin Enache, director of Florin Enache Ltd, faces a nine-year ban for exaggerating turnover to secure a Barclays Bounce Back Loan and not using it for business benefit. Insolvency Practitioner Christopher Andersen reported the misconduct. […]
The government responds to complaints about the Department for Business and Trade blocking company strike-offs, leaving Bounce Back Loan borrowers in limbo. […]
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