HSBC Notifies of Bounce Back Loan Exemptions, Ombudsman Dismisses Complaint Despite FCA Concerns
BBL Blaggers
10-Year Ban for Director’s Dual Bounce Back Loan Scam
A director who secured two Bounce Back Loans—one from Funding Circle, one from HSBC—for a single company faces a 10-year ban. Discover how this fraudulent double-dip left both Bounce Back Loans unpaid. […]
BBL Blaggers
9-Year Ban for Warrington Director’s Double Loan Ploy
A Warrington director’s scheme to secure two Bounce Back Loans for one company, despite a shared database meant to prevent it, has earned him a 9-year ban. Learn how HSBC’s delay in checks facilitated this fraud. […]
BBL Blaggers
8-Year Ban for Director’s Dual NatWest and HSBC BBL Fraud
Grabbing two BBLs from NatWest and HSBC when entitled to one cost a director an 8-year ban. Read about the liquidation that exposed this double-dip. […]