Government Acknowledges Certain Bounce Back Loan Lenders Repeatedly Entered Business Owners’ Details into the BBL Portal, Were Later Caught Attempting to Exploit the BBL Scheme, and Lost Their Guarantees – Resulting in Innocent Business Owners Being Wrongly Flagged as Suspected Fraudsters

A director lost £30k of a Bounce Back Loan in a pyramid scam and sought a full refund from Lloyds. […]

HSBC blocked a £50k Bounce Back Loan for six months over turnover confusion, causing distress. The Ombudsman upheld the complaint, awarding £500 compensation. […]

Pocketing most of a NatWest Bounce Back Loan for himself earned a director a 7-year ban, deemed lenient by some. Explore how this misuse was uncovered during liquidation. […]