Ombudsman Kicks HSBC’s Backside and Despite Their Protests Orders Them to Pay a Customer £300 Compensation For Mental Torture and Stop Holding Her Personally Liable for Yet Another BBL They Put In a Personal Name and Not the Name of a Ltd Company
BBL Blaggers
REATCH Ltd Director Matt Bown Accepts 9-Year Ban for Inflated Turnover Claims and BBL Misuse
Matt Bown, director of REATCH Ltd, has agreed to a 9-year directorship ban to avoid court after exaggerating his company’s turnover to secure an HSBC Bounce Back Loan and top-up. He also misused the funds, breaching loan terms designed to aid businesses during tough times. […]
Special Reports
Government Acknowledges Certain Bounce Back Loan Lenders Repeatedly Entered Business Owners’ Details into the BBL Portal, Were Later Caught Attempting to Exploit the BBL Scheme, and Lost Their Guarantees – Resulting in Innocent Business Owners Being Wrongly Flagged as Suspected Fraudsters
The government admits some lenders’ portal misuse led to innocent Bounce Back Loan borrowers being wrongly flagged as fraudsters after guarantee losses. […]
BBL Complaints Dismissed
HSBC Seizes Bounce Back Loan, Ombudsman Dismisses Discrimination Complaint
HSBC seized a Bounce Back Loan and closed an account, prompting a discrimination claim. The Ombudsman dismissed the complaint, leaving discrimination to court review. […]