
Lloyds Holds Sole Trader Liable for Denied Bounce Back Loan, Ombudsman Dismisses Complaint

A female director faces a 10-year ban after overstating her business turnover to obtain a Lloyds Bank Bounce Back Loan, transferring the funds to an associated company that was later dissolved, with the money unaccounted for. […]
A Godalming director faces a 10-year ban after fraudulently obtaining a £10,000 Lloyds Bank Bounce Back Loan and a £15,000 top-up for a business with no turnover. […]
A director of three barbershops faces an 11-year ban after overstating the turnover of each to obtain three £50,000 Lloyds Bank Bounce Back Loans. His offer to repay £9,000 over three years was deemed uneconomical by the liquidator, leading to a severe disqualification. […]
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