HSBC’s BBL battlefield is packed with glory and gore! From stunning successes to scandalous slip-ups, explore the rollercoaster of their Bounce Back Loan tales!
A director faces a 7-year ban after exaggerating turnover to fraudulently obtain a £50,000 HSBC Bounce Back Loan, far exceeding his £2,610 entitlement. […]
A director who transferred an HSBC Bounce Back Loan to himself instead of using it for his business has received a lenient 4-year ban. Find out why this penalty was lighter than others. […]
A Bolton car breakers director who secured two Bounce Back Loans from HSBC and Barclays, then used the funds for personal gain, faces a 9-year ban. Learn how this scheme unravelled in liquidation. […]
On August 18, 2023, five company directors began lengthy bans for abusing the Bounce Back Loan scheme, collectively obtaining seven loans from banks including Barclays, HSBC, Lloyds, Metro Bank, and Santander. […]
A High Court ruling stops a judge from hearing HSBC cases, citing their business ties to a company that received Bounce Back and Recovery Loans. […]
Dancing On Ice’s Brendan Cole hits a financial snag, defaulting on a £50,000 Bounce Back Loan from HSBC, raising eyebrows. […]
A Walsall restaurant director who secured a £50,000 HSBC Bounce Back Loan and misused it, failing to benefit the business, now faces an 11-year ban. Explore the details of this financial misconduct. […]
Evidence from the Department of Business and Trade exposed a director’s illegal dual BBLs from NatWest and HSBC, leading to a 10-year ban. Uncover the rule-breaking details. […]
A director who inflated turnover, ignored pandemic impacts, and pocketed a Bounce Back Loan faces a 12-year ban. Find out how this HSBC loan was misused and left unpaid. […]
Two co-directors who inflated turnover to blag an HSBC Bounce Back Loan face matching 9-year bans, exposed during voluntary liquidation. Uncover how their deception led to unpaid debts. […]
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