
Lloyds Limits Refund to £10k for Bounce Back Loan Lost in Pyramid Scam, Ombudsman Dismisses Further Claims

Barclays delayed a customer’s Bounce Back Loan application for eight months. The Ombudsman upheld the complaint, ordering £250 compensation for the prolonged wait. […]
Metro Bank closed a customer’s account after he repaid a Bounce Back Loan early. The Ombudsman dismissed the complaint, citing the bank’s right to choose customers. […]
Paul Mensah, director of Williams CM Ltd, faces a lenient five-year ban after failing to provide accounting records to the liquidator, preventing verification of the legitimacy and usage of a £50,000 Lloyds Bank Bounce Back Loan. […]
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