
10-Year Ban for Catering Director’s £50k Bounce Back Loan Split

HSBC incorrectly demanded a customer return an erroneous insurance payment to their Bounce Back Loan account, misinterpreting scheme rules. The Ombudsman upheld the complaint, ordering compensation for the bank’s error. […]
HAn Essex director faces a 10-year ban after overstating his business turnover to obtain a £50,000 Lloyds Bank Bounce Back Loan, repaying just £3,950.11, and pursuing creditors’ voluntary liquidation. […]
Jayson Stephen Obee, director of JSO Contractors, who overestimated turnover for a non-trading company to blag a £50,000 HSBC Bounce Back Loan, faces an 11-year ban. Explore this misuse. […]
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