
Financial Ombudsman Rules Lloyds Bank Provided a Customer an Unaffordable Business Overdraft, But Finds No Fault in Their Approval of a Bounce Back Loan Three Times Larger 12 Months Later, Citing the Flawed Design of the BBL Scheme

Two co-directors have been disqualified for six years after failing to use a Lloyds Bank Bounce Back Loan for the economic benefit of their business. […]
A director faces a nine-year ban for misusing a £50,000 Lloyds Bank Bounce Back Loan and including misleading accounting entries, such as “Fresh Air Concept,” which investigators linked to a Canadian retailer. […]
A woman whose abusive ex took a Lloyds Bounce Back Loan in her name is told to report him, with Lloyds promising not to pursue her—but is it safe? […]
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