HSBC Ordered to Remove Unjust “Misuse of Facility” CIFAS Fraud Marker on Bounce Back Loan Recipient, Ombudsman Upholds Complaint
Special Reports
HSBC’s Bounce Back Loan Default and CIFAS Marker Overturned by Ombudsman, Compensation Awarded
HSBC’s harsh default, account closure, and CIFAS marker are reversed by the Ombudsman, who rules the customer’s turnover estimate was valid, awarding compensation. […]
BBL Blaggers
Co-Directors Hit with 7-Year Bans for £50k Turnover Fraud
Two co-directors who inflated turnover to secure a £50,000 HSBC Bounce Back Loan face matching 7-year bans. Discover how their joint deception led to unpaid debts and penalties. […]
BBL Blaggers
6-Year Ban for Director’s Personal Use of £27.5k Bounce Back Loan
A company director who diverted a £27,500 HSBC Bounce Back Loan for personal gain now faces a 6-year ban after his business went insolvent. Learn how this misuse led to a costly government guarantee claim. […]