
HSBC Compensates £300 for CBILS Delay Leading to Bounce Back Loan, Ombudsman Dismisses Complaint

A director who blagged a £50,000 HSBC Bounce Back Loan for a company not yet incorporated under scheme rules, then misused it, now faces an 11-year ban. Find out how HSBC overlooked this critical detail. […]
A director who overstated turnover to secure a £25,000 HSBC Bounce Back Loan—when eligible for just over £10,000—has been banned for 8 years. Learn how this fraud led to government guarantee claims. […]
Barclays seized a Bounce Back Loan for a company formed after March 2020. The Ombudsman dismissed the complaint, confirming the bank’s eligibility review. […]
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