
Santander Requires Actual Turnover Despite Estimates, Ombudsman Dismisses Complaint

HSBC falsely told a director he was personally liable for a Bounce Back Loan. The Ombudsman upheld the complaint, ordering £150 compensation for the misinformation. […]
A Heathfield-based director’s 10-year ban follows inflated turnover claims to secure a £50,000 Santander Bounce Back Loan, misusing funds meant for business support. […]
A director faces a six-year ban for using a £49,000 Santander Bounce Back Loan as a director’s loan for rent and living expenses, leaving it unpaid at liquidation. The disqualification underscores misuse of pandemic relief funds. […]
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