
10-Year Ban for Dumicos Director’s £50k Bounce Back Loan Theft

An Alresford director who secured two Bounce Back Loans—one from Santander, one from HSBC—when entitled to one faces an 11-year ban. Dive into how this fraud left banks unpaid. […]
The Bounce Back Loan scheme’s vulnerabilities led to fraud, with directors now disqualified for falsifying eligibility claims. […]
NatWest, HSBC, Lloyds, and Santander denied Bounce Back Loans to SMEs. The Ombudsman dismissed the complaints, citing the banks’ right to refuse applications. […]
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