RBS Drains Customer’s Savings and Personal Accounts for Ineligible BBL Repayment, Ombudsman Deems It Permissible
Special Reports
Insight Into the Reasons, Timing, and Process of Prosecution for Bounce Back Loan Misconduct, Including Fraud by False Representation and Violations of Section 1006 of the Companies Act 2006
Explore the reasons, timing, and process behind prosecuting Bounce Back Loan misconduct, including fraud and Companies Act violations. […]
BBL Complaints Dismissed
HSBC Seizes Sole Trader’s Account for Bounce Back Loan, Ombudsman Dismisses Complaint
HSBC seized a sole trader’s account funds to repay a demanded Bounce Back Loan. The Ombudsman dismissed the complaint, citing the bank’s contractual rights. […]
Special Reports
Barclays Ends Customer’s Bounce Back Loan PAYG Holiday; Ombudsman Rejects Complaint, Citing Fraudulent Second Loan Due to Business Structure
Barclays cancels a customer’s PAYG repayment holiday, and the Ombudsman dismisses his complaint, ruling one of his two Bounce Back Loans was fraudulently obtained. […]