
Director Banned for 11 Years for Overstating Turnover to Secure Oversized Lloyds Bank Bounce Back Loan and Misusing Funds

Diversity data reveals surnames like Ali, Khan, and Doal dominate Bounce Back Loan misconduct cases, sparking debate over bias or coincidence. […]
The Bounce Back Loan scheme was exploited, with directors banned for submitting false loan justifications. […]
Lloyds defaulted a Bounce Back Loan in arrears, demanding full repayment due to an address error. The Ombudsman upheld the complaint, ordering reinstatement and arrears spread over the loan term. […]
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