HSBC Ordered to Pay Compensation for Misleading on Bounce Back Loan Turnover, Ombudsman Upholds Complaint
BBL Blaggers
9-Year Ban for Director’s £50k Bounce Back Loan Fraud and Misuse
A director who inflated turnover to secure a £50,000 HSBC Bounce Back Loan and transferred it to his personal account now faces a 9-year ban. Discover how this blatant misuse was uncovered during liquidation. […]
BBL Complaints Dismissed
HSBC Demands Bounce Back Loan Repayment, Ombudsman Dismisses Complaint After Reversing Ruling
HSBC demanded a Bounce Back Loan repayment, citing a redacted agreement. The Ombudsman dismissed the complaint, reversing an initial ruling in favour of HSBC’s terms. […]
BBL Complaints Upheld
NatWest Ordered to Reinstate Bounce Back Loan and Increase Compensation for System Failure, Ombudsman Upholds Complaint
NatWest’s system failure led to a wrongful Bounce Back Loan default. The Ombudsman upheld the complaint, ordering reinstatement and significantly increased compensation for the bank’s error. […]