Director Banned for 6 Years for Misusing Two-Thirds of HSBC Bounce Back Loan and Leaving It Unpaid at Insolvency
BBL Blaggers
Abdul Basit and Robert James Priest Receive 9 and 11-Year Bankruptcy Restrictions Orders for Blagging Bounce Back Loans
Abdul Basit and Robert James Priest face 9 and 11-year Bankruptcy Restrictions Orders for exaggerating turnover to secure Bounce Back Loans, misusing funds. […]
BBL Blaggers
7-Year Ban for NatWest Customer’s Turnover Fraud and Unpaid BBL
HeOverstating turnover to snag a NatWest BBL, then leaving it unpaid in liquidation, cost a director 7 years. Read about this customer’s costly liquidation gamble. […]
BBL Complaints Upheld
HSBC Ordered to Remove Unjust “Misuse of Facility” CIFAS Fraud Marker on Bounce Back Loan Recipient, Ombudsman Upholds Complaint
HSBC wrongly applied a “misuse of facility” CIFAS fraud marker to a Bounce Back Loan recipient, accused of manipulative behaviour. The Ombudsman upheld the complaint, ordering HSBC to remove the marker. […]