HSBC Ordered to Pay £5,200 for Wrongly Accusing Customer of Turnover Fraud, Ombudsman Upholds Complaint
BBL Blaggers
9-Year Ban and £4k Settlement for Director’s Turnover Overestimate
Have a lA director who overestimated turnover to secure a £20,000 HSBC Bounce Back Loan faces a 9-year ban but settled with a £4,000 payment to avoid further action. Discover the “potential defence” that softened this penalty. […]
BBL Blaggers
Martin John Ferguson of MF Plumbing And Heating Limited Banned for 9 Years for Falsifying Turnover to Secure £50,000 Lloyds Bank Bounce Back Loan
Martin John Ferguson, director of MF Plumbing And Heating Limited, faces a nine-year ban, starting October 25, 2024, after overstating his company’s turnover to secure a £50,000 Lloyds Bank Bounce Back Loan. […]
BBL Blaggers
Co-Directors Banned for Dormant Company’s £50k Bounce Back Loan Scam
Two co-directors face 10- and 7-year bans for securing a £50,000 HSBC Bounce Back Loan for a dormant company. Dive into how this fraudulent application led to unpaid debts and severe penalties. […]