
Lloyds Holds Customer Liable for Denied Bounce Back Loan, Ombudsman Dismisses Complaint

Lorence Disha has been hit with a decade-long director ban starting today. He inflated his company A. L. HCW Limited’s turnover figures to secure a £50,000 Bounce Back Loan from Lloyds Bank, only to misuse the funds for personal gain, leaving creditors high and dry. […]
A director faces a 10-year ban after liquidating his company, which revealed he overstated its turnover to obtain a £50,000 Lloyds Bank Bounce Back Loan. […]
The government’s Bounce Back Loan scheme saw abuse, with directors banned for fabricating business turnover data. […]
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