
Santander Ordered to Pay £100 for Misleading on Bounce Back Loan Turnover, Ombudsman Upholds Complaint

A director faces a six-year ban for using a £49,000 Santander Bounce Back Loan as a director’s loan for rent and living expenses, leaving it unpaid at liquidation. The disqualification underscores misuse of pandemic relief funds. […]
A Bexley director who secured a £25,000 HSBC Bounce Back Loan, then blagged two more £25,000 Bounce Back Loans from Santander, faces a 9-year ban. Dive into this audacious triple-Bounce Back Loan fraud. […]
HSBC cancelled a Bounce Back Loan application after two years, causing delays. The Ombudsman upheld the complaint, affirming the bank’s £150 compensation as fair. […]
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