
NatWest Customer Seeks Refund for Personal Funds Used to Repay Ltd Company’s Bounce Back Loan, Ombudsman Dismisses Complaint

Simon Capet, director of Koor Ltd, faces a 10-year ban after fraudulently obtaining two Bounce Back Loans—one from Lloyds and one from NatWest—for his business, despite rules allowing only one loan. […]
An HSBC business owner denied applying for a £3k Bounce Back Loan but withdrew funds. The Ombudsman dismissed the complaint, citing evidence of application. […]
The Ombudsman notes Bounce Back Loans’ exemption from consumer lending rules, deeming Barclays’ detailed interest payment graphs too burdensome to provide. […]
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