
Santander Declines Bounce Back Loan After 20-Month Review, Ombudsman Dismisses Complaint

Bounce Back Loan fraud has led to directors being barred from managing companies due to falsified applications. […]
Barclays’ eight-week delay in processing a Bounce Back Loan caused distress. The Ombudsman upheld the complaint, awarding £200 compensation, less than the £1,000 sought. […]
A director’s nine-year ban follows inflated turnover claims to secure a Santander Bounce Back Loan, with no recovery pursued due to the director’s lack of assets and overseas residence. […]
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