
HSBC Ordered to Pay £200 for System Errors Blocking Bounce Back Loan, Ombudsman Upholds Complaint

Four Bounce Back Loans from HSBC and Lloyds went sour, with one used for home decor, another secured through turnover lies for personal debt, and two for cryptocurrency trading. […]
A director who overstated turnover to secure a £25,000 HSBC Bounce Back Loan—when eligible for just over £10,000—has been banned for 8 years. Learn how this fraud led to government guarantee claims. […]
A Waltham Abbey director who inflated his company’s turnover to secure an HSBC Bounce Back Loan now faces a 10-year ban. Discover how this fraudulent tactic led to an unpaid Bounce Back Loan and severe penalties. […]
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