
8-Year Ban for Director’s Turnover Fraud Bounce Back Loan Scam

HSBC delayed a CBILS application, resulting in a Bounce Back Loan. The Ombudsman dismissed the complaint, finding £300 compensation adequate for the delay. […]
By exaggerating turnover to secure a £50,000 Barclays Bounce Back Loan and transferring it to himself, a director left it unpaid, resulting in an 11-year ban. Explore this case. […]
A director has been banned for 12 years for fraudulently securing three Bounce Back Loans, all left unpaid, highlighting extensive misuse of the government loan scheme. […]
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