Santander Demands £50k Bounce Back Loan Repayment for Unreasonable Turnover, Ombudsman Dismisses Complaint
BBL Blaggers
Director Banned for 11 Years for Repeatedly Overstating Turnover to Secure Santander Bounce Back Loan
After multiple attempts with varying turnover figures, a director secured a Santander Bounce Back Loan, leading to an 11-year ban for fraudulent exaggeration and personal transfer. […]
BBL Complaints Upheld
Santander Ordered to Refund £470 Fee and Pay Compensation for Bounce Back Loan Recall, Ombudsman Upholds Complaint
Santander demanded £42k of a £50k Bounce Back Loan, charged a £470 fee, and escorted a customer out. The Ombudsman upheld the complaint, ordering a refund and compensation. […]
BBL Blaggers
HMRC Evidence Leads to 11-Year Ban for Director Overstating Turnover to Obtain £50,000 Santander Bounce Back Loan
HMRC data exposed a director’s inflated turnover claims, securing a £50,000 Santander Bounce Back Loan, resulting in an 11-year ban for fraudulent application and fund misuse. […]