News Ticker

[ December 5, 2023 ] Builder Sentenced to 20 Months Imprisonment Suspended for 2 Years for Fraud by False Representation for Over-Egging His Turnover to Blag a £50k Bounce Back Loan Which He Ultimately Loses to a Cryptocurrency Scam BBL Jailbirds
[ December 5, 2023 ] Wellingborough Based Director Gets a £5k Barclays BBL By Declaring His Turnover as £20k Then Tries His Luck at Getting and Does Secure a Second BBL from HSBC Worth £50k By Declaring a Turnover of £200k For Which He is Given an 11 Year Ban The Disqualification Files
[ December 5, 2023 ] Another Wembley Based Director Given an 11 Year Ban For Blagging a £50k HSBC Bounce Back Loan By Over-Egging Her Turnover, Which Was Really £0, and Bunging a Family Member at Least £31,350 of the BBL Funds The Disqualification Files
[ December 5, 2023 ] Wembley Based Director Who Was Permitted to Estimate His Turnover to Get a BBL Given a 10 Year Ban For Failing To Show How He Reasonably Arrived at The Turnover Figure He Self-Declared When Applying for a £50k Bounce Back Loan The Disqualification Files
[ December 5, 2023 ] Loughton Based Company Director Gets Off Light With Just a 6 Year Ban For Over-Egging His Turnover to Blag a £50k Bounce Back Loan From Lloyds Bank and Not Paying It Back The Disqualification Files
[ December 5, 2023 ] Bury Based Company Director Given a 9 Year Ban For Massively Over-Egging Her Estimated Turnover to Get a £40k Barclays Bounce Back Loan When Not Permitted To Estimate That Figure The Disqualification Files
[ December 5, 2023 ] Sevenoaks Based Company Director Given a Modest 6 Year Ban For Not Paying Back a £50k Barclays Bounce Back Loan After Securing a £125k CBILs Loan As Required To By The Rules of Those Schemes The Disqualification Files
[ December 5, 2023 ] Peterborough Based Company Director Given a 10 Year Ban For Blagging a £45k Bounce Back Loan from Barclays For His Company That Wasn’t Eligible For a BBL The Disqualification Files
[ December 4, 2023 ] I Asked the Financial Conduct Authority (FCA) How Many Firms They Regulate Have Been Reported, Investigated and Prosecuted for Bounce Back Loan Fraud/Wrongdoing – Take a Look At What They Told Me Todays News
[ December 4, 2023 ] Liquidator Decides There is No Point in Pursuing a Director Who Blagged a £45,000 BBL from Starling Bank By Over-Egging His Turnover and Who Wouldn’t Tell Him Where It Went, However That Director Does Get Slapped with an 11 Year Ban The Disqualification Files
[ December 4, 2023 ] Another Barclays Bounce Back Loan Turns Sour and Is Not Repaid Resulting in a Welling Based Director Being Banned for 10 Years for Over-Egging His Turnover to Blag a Higher Valued BBL Than Entitled To – That Ban Starts Today The Disqualification Files
[ December 2, 2023 ] I Receive So Many Calls About the Bounce Back Loan Defaulter Discount Letters, Here is a Reminder of What to Expect if You Get One and What You Will Be Offered and What You Can Counter Offer Todays News
[ December 2, 2023 ] Hefty 12 Year Ban Given to Company Director Who Over-Egged Her Turnover to Get a £50,000 Bounce Back Loan from Lloyds Bank Then Transferred All But £10 of That BBL to Herself The Disqualification Files
[ December 2, 2023 ] Preston Based Company Director Blags Not One But Two Bounce Back Loans For His Company From HSBC and Starling Bank and as Punishment is Given an 11 Year Ban The Disqualification Files
[ December 2, 2023 ] Having Been Eligible and Allowed to Estimate Her Business Turnover to Get a BBL, a Company Director is Given a 9 Year Ban for Over-Estimating That Turnover to Blag a £50,000 Bounce Back Loan From Barclays The Disqualification Files

December 6, 2023

Did Metro Bank Cause Problems for Customers Opening Business Accounts During the Lifetime of the Bounce Back Loan Scheme? Read Their Official Response

May 28, 2021 Banks and BBLs, Premium Content, Todays News

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premium-content

Metro Bank made a complete hash of things when it came to opening new business accounts and also processing Bounce Back Loans, and today you can find out what one of their bosses has to say on how that bank fared (in their opinion) during the BBL scheme regarding opening accounts for new business customers.

Below is the official response Daniel Frumkin, Chief Executive Officer at Metro Bank in reply to several questions from Mel Stride to Metro Bank regarding opening business accounts and whether Metro Bank have a complaints channel in place for any related complaints and several answers to a range of other related questions too.

If you were messed about by Metro Bank, then read and digest the following regarding how to complain.

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