
HSBC Ordered to Pay Compensation for Bounce Back Loan Turnover Error, Ombudsman Upholds Complaint

A director who overstated turnover to secure a £50,000 HSBC Bounce Back Loan, then left it unpaid in insolvency, has been banned for 10 years. Delve into the familiar pattern of this financial fraud. […]
HSBC denied an account application, preventing a Bounce Back Loan. The Ombudsman dismissed the complaint, upholding the bank’s discretion to refuse accounts. […]
A director’s banned 11 years for nabbing a £45k HSBC loan for an ineligible firm and keeping the cash. See his selfish scam! […]
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