
HSBC Holds Customer Liable for Bounce Back Loan via Mobile Log-Ins, Ombudsman Dismisses Complaint

HSBC demanded a Bounce Back Loan repayment and seized funds after a CBILS approval. The Ombudsman dismissed the complaint, upholding HSBC’s actions. […]
Santander denied a Bounce Back Loan due to rigorous turnover checks. The Ombudsman dismissed the complaint, finding the bank’s assessment process fair. […]
Joseph Harrison, former director of South East Commercials Ltd, now residing in Spain, has been ordered by London’s High Court to repay £38,295 obtained through a second Bounce Back Loan (BBL) deemed fraudulent. The court also imposed a 12-year directorship ban, citing his exploitation of a lenient BBL lending process. […]
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