
RBS Seizes £50k Bounce Back Loan Without Reason, Ombudsman Dismisses Complaint

A director lost £30k of a Bounce Back Loan in a pyramid scam and sought a full refund from Lloyds. […]
TSB seized a Bounce Back Loan for overstated turnover, not qualifying as an estimate. The Ombudsman dismissed the complaint, citing ineligibility. […]
Barclays declined a sole trader’s Bounce Back Loan and closed his account. The Ombudsman upheld the complaint, affirming the bank’s £200 compensation for the mishandling. […]
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