HSBC – Page 12 – Bounce Back Loan

Bounce Back Loan Lenders Outraged as HSBC Bypassed BBL Scheme Security Measures, Exposing Their Banks to Misuse – Industry Insiders Claim HSBC Offered Lord Udny-Lister, Boris Johnson’s Chief of Staff, a Job and Paid Sajid Javid to Avoid Penalties – See an HSBC Executive Publicly Confirm the Former

HSBC’s security lapses in the Bounce Back Loan scheme spark lender outrage, with allegations of jobs offered to insiders to dodge penalties. […]

10-Year Ban for All For You Director’s £50k Turnover Fraud

Hadi Fatoum, director of All For You Trading, who inflated turnover to blag a £50,000 HSBC Bounce Back Loan, faces a 10-year ban. Dive into the details of this financial deception. […]

HSBC Directs Restons Solicitors to County Court to Chase Suicidal Bounce Back Loan Defaulters, Frequently in Error or Post-Government Guarantee Withdrawal, Well Beyond the 12-Month Recovery Window

HSBC sends Restons Solicitors to pursue vulnerable Bounce Back Loan defaulters in court, often mistakenly, long after the 12-month recovery period. […]

11-Year Ban for Transport Director’s Zero Turnover Fraud

Joseph O’Connell, director of North Link Transport, who claimed a £230,000 turnover—when it was zero—to blag a £50,000 HSBC Bounce Back Loan, faces an 11-year ban for transferring it. Uncover this scam. […]

Dimitar Dafkov Stoyanov of DDS Build Ltd Banned for 10 Years for Overstating Turnover to Secure £50,000 HSBC Bounce Back Loan

Dimitar Dafkov Stoyanov, director of DDS Build Ltd, has been disqualified for 10 years after exaggerating his company’s turnover to obtain a £50,000 HSBC Bounce Back Loan. […]

6-Year Bans for Advertising Directors’ Bounce Back Loan Non-Repayment

Jordana Imogen Lynch and Anand Shanker Hira, directors of Middle East UK Advertising, face 6-year bans for failing to repay an HSBC Bounce Back Loan after securing a CBILS Bounce Back Loan. Learn about this rule violation. […]

11-Year Ban for AMP Director’s £46.8k Bounce Back Loan Theft

Abid Khan, director of AMP Enterprises, who blagged a £46,800 HSBC Bounce Back Loan and pocketed most of it, faces an 11-year ban. Learn how this misuse led to liquidation losses. […]

Government Acknowledges Certain Bounce Back Loan Lenders Repeatedly Entered Business Owners’ Details into the BBL Portal, Were Later Caught Attempting to Exploit the BBL Scheme, and Lost Their Guarantees – Resulting in Innocent Business Owners Being Wrongly Flagged as Suspected Fraudsters

The government admits some lenders’ portal misuse led to innocent Bounce Back Loan borrowers being wrongly flagged as fraudsters after guarantee losses. […]

Lukhar Dadar Singh Dhalu of Concept A Trading Ltd Banned for 10 Years for Securing Dual Lloyds and HSBC Bounce Back Loans for Non-Trading Company

Lukhar Dadar Singh Dhalu, director of Concept A Trading Ltd, faces a 10-year ban after fraudulently obtaining two Bounce Back Loans from Lloyds Bank and HSBC for a non-trading company. […]

12-Year Ban for Ramnauth Retail Director’s Dual Bounce Back Loan Scam

Raja Ramnauth, director of Ramnauth Retail, who blagged two Bounce Back Loans from HSBC and Barclays, faces a 12-year ban. Dive into how this fraud left both Bounce Back Loans unpaid. […]