
Director Banned 10 Years for Inflating Turnover to Secure £50k Loan

A director faces an eight-year ban after exaggerating his business turnover to obtain a Lloyds Bank Bounce Back Loan, providing no evidence of its use for business benefit, and leaving it unpaid at liquidation. […]
HSBC denied a customer’s account application, preventing access to a Bounce Back Loan. The Ombudsman dismissed the complaint, citing the bank’s discretion. […]
Read on for the full details of this case. […]
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