HSBC – Page 13 – Bounce Back Loan

11-Year Ban for Orbit Moving Director’s Dual Bounce Back Loan Fraud

Syed Saqib Abbas, director of Orbit Moving, who secured two Bounce Back Loans from Barclays and HSBC when entitled to one, faces an 11-year ban. Uncover this double-Bounce Back Loan deception. […]

6-Year Ban for Haulage Director’s £100k Bounce Back Loan Oversight

John Dawkins, director of Dawkins Haulage, faces a lenient 6-year ban for not offsetting two £50,000 HSBC Bounce Back Loans against £500,000 CBILS Bounce Back Loans, leaving all unpaid. Explore this costly error. […]

10-Year Ban for EBusiness Director’s £49.6k Turnover Fraud

Kanokkan Panthong, director of EBusiness Enterprise, who overstated turnover to blag a £49,600 HSBC Bounce Back Loan, faces a 10-year ban. Explore this fraudulent financial tactic. […]

6-Year Ban for Kingsbridge Director’s Dubious Bounce Back Loan Transfer

Rajinder Singh Matharu, director of Kingsbridge Services, who claimed a £50,000 HSBC Bounce Back Loan went to a Kenyan web designer—actually a construction firm—faces a 6-year ban. Uncover this odd excuse. […]

8-Year Bans and £10k Settlement for YouPopUp Directors’ Fraud

Syed Aklasur Rahman and Nazrul Islam, directors of YouPopUp, face 8-year bans and paid a £10,000 settlement for inflating turnover to blag a £50,000 HSBC Bounce Back Loan. […]

HSBC Ordered to Write Off Bounce Back Loan Due to System Error, Ombudsman Upholds Complaint

HSBC’s application system ignored a customer’s selection, causing a Bounce Back Loan error, and the bank hid the issue. The Ombudsman upheld the complaint, ordering the loan written off and compensation. […]

HSBC Ordered to Reinstate Bounce Back Loan After Unfair Debanking, Ombudsman Upholds Complaint

HSBC seized a Bounce Back Loan after debanking a customer, despite a case handler’s ruling. The Ombudsman upheld the complaint, ordering reinstatement, compensation, and interest. […]

9-Year Ban for SIS Tech Director’s Zero Turnover Fraud

Farooq Mohammed, director of SIS Technologies, who claimed a £210,000 turnover—when it was zero—to blag a £50,000 HSBC Bounce Back Loan, faces a 9-year ban. Uncover this bold deception. […]

10-Year Ban for Kickboxing Director’s £45k Turnover Fraud

Philip Daniel Higgins, director of Focus Kickboxing, who overstated turnover to blag a £45,000 HSBC Bounce Back Loan, faces a 10-year ban. Dive into this fraudulent financial manoeuvre. […]

HSBC, Which Paid Sajid Javid Tens of Thousands for Staff Speeches, Disregards BBL Defaulters Attempting to Arrange Repayment Plans for Improperly Issued Bounce Back Loans

Interesting to note, they threaten that business owner with costs “where applicable” which as you know are not permitted on defaulted Bounce Back Loans. […]