
Lloyds Recalls Bounce Back Loan, Rejects Compensation, Ombudsman Dismisses Complaint

A director has been disqualified for 11 years after improperly estimating his company’s turnover, despite being incorporated in 2015, to obtain a £50,000 Lloyds Bank Bounce Back Loan, which remained unpaid at liquidation. […]
A director faces a 6.5-year ban after massively exaggerating his business turnover to obtain a £50,000 Lloyds Bank Bounce Back Loan, which he failed to repay before liquidating the company. […]
HSBC’s security lapses in the Bounce Back Loan scheme spark lender outrage, with allegations of jobs offered to insiders to dodge penalties. […]
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