
Director Banned for 6 Years for Failing to Account for HSBC Bounce Back Loan and Covid Grants, Misrepresenting Dormant Status

Stuart Chilton of Carlisle received a 16-month suspended sentence for fraudulently obtaining a second Bounce Back Loan from Paragon Bank, along with rehabilitation and a curfew. […]
HSBC blocked a £50k Bounce Back Loan for six months over turnover confusion, causing distress. The Ombudsman upheld the complaint, awarding £500 compensation. […]
HSBC denied Bounce Back Loans to feeder account applicants not trading by April 2019, misleading customers. The Ombudsman upheld the complaint, ordering compensation. […]
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