
HSBC Ordered to Pay Compensation for Misleading on Bounce Back Loan Turnover, Ombudsman Upholds Complaint

A Liverpool tandoori restaurant director who inflated turnover to blag an HSBC Bounce Back Loan, then withdrew funds via ATMs without explanation, faces an 11-year ban. Uncover this mysterious misuse. […]
A director faces a lenient five-year ban after fraudulently obtaining two Bounce Back Loans from Lloyds and HSBC for his single company, violating the single-loan rule. […]
Fraudulent Bounce Back Loan applications have led to directors facing bans and reparations. […]
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