
10-Year Ban and £20k Settlement for Liverpool Director’s Bounce Back Loan Fraud

HSBC took six months to notify a customer of account issues blocking a Bounce Back Loan application. The Ombudsman upheld the complaint, awarding £150 compensation. […]
HSBC denied a feeder account, preventing a Bounce Back Loan application. The Ombudsman dismissed the complaint, affirming the bank’s account approval discretion. […]
Directors using Bounce Back Loans for non-business purposes face disqualification and potential criminal charges. […]
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