
Lloyds Bank Forces Customer to Use Servicing Account for Bounce Back Loan Repayments, Denying Simpler Option, Ombudsman Upholds Bank and Dismisses Complaint

A Birmingham director faces a 10-year ban after a liquidator identified, through his own filed company accounts, that he overstated his turnover to obtain a Lloyds Bank Bounce Back Loan. […]
A director faces a nine-year ban for misusing a £50,000 Lloyds Bank Bounce Back Loan and including misleading accounting entries, such as “Fresh Air Concept,” which investigators linked to a Canadian retailer. […]
Directors who used Bounce Back Loans to pay personal bills face disqualification and fines. […]
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