
HSBC Ordered to Pay Compensation for Misleading on Bounce Back Loan Turnover, Ombudsman Upholds Complaint

A Broadstairs sandwich shop director who inflated turnover to secure a £50,000 HSBC Bounce Back Loan faces a 9-year ban. Learn how this financial deception led to unpaid debts. […]
Starling defaulted a Bounce Back Loan, rejecting repayment under original terms. The Ombudsman dismissed the complaint but suggested negotiating with the bank. […]
Dong Me He, director of Ace Game Ltd, who overstated turnover to blag a £37,500 HSBC Bounce Back Loan and transferred it to a third party, faces a 10-year ban. Dive into this deceptive case. […]
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