
Santander Pursues Sole Trader for Dissolved Ltd Company’s Bounce Back Loan, Ombudsman Dismisses Complaint

A Blackburn Indian takeaway director’s nine-year ban results from exaggerating turnover to secure a £45,000 Santander Bounce Back Loan, leaving taxpayers to cover the debt. […]
The Bounce Back Loan scheme’s vulnerabilities enabled fraud, with directors disqualified for falsifying application details. […]
Santander demanded repayment of a £50k Bounce Back Loan due to an unreasonable turnover estimate. The Ombudsman dismissed the complaint, upholding the bank’s review. […]
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