
Lloyds Recalls Bounce Back Loan for Unverified Turnover, Ombudsman Dismisses Complaint

Aklilu Kebede Wurga, director of Haw Private Hire Limited, faces a 10-year ban after claiming a £225,000 turnover, despite zero turnover and dormant accounts, to secure a £50,000 Lloyds Bank Bounce Back Loan. […]
A director has been disqualified for 10 years after exaggerating the turnover of two companies to secure £50,000 Bounce Back Loans from Lloyds Bank for each, totalling £100,000, both of which remained unpaid at liquidation. […]
A Birmingham director faces a 10-year ban after an insolvency practitioner, reviewing business and bank accounts, reported him for overstating his turnover to obtain a £50,000 Lloyds Bank Bounce Back Loan. […]
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