HSBC – Page 26 – Bounce Back Loan

9-Year Ban for Director’s £200k Turnover Lie

A director who falsely claimed a £200,000 turnover—when it was just £3,215—to secure a £50,000 HSBC Bounce Back Loan now faces a 9-year ban. Uncover the audacity behind this fraudulent claim. […]

Co-Directors Banned for Fraudulently Securing Dual Bounce Back Loans from HSBC and Metro Bank

Co-directors have been disqualified after scamming the Bounce Back Loan scheme by obtaining two loans—one from HSBC and one from Metro Bank—for their company, despite rules allowing only one. […]

10-Year Ban for Director’s Double Loan Scam

A director who illegally obtained two Bounce Back Loans for a single company now faces a 10-year ban. Dive into the story of how this scheme unravelled, leaving banks out of pocket. […]

HSBC Blocks Company Dissolution Over Unpaid Bounce Back Loan, Ombudsman Dismisses Complaint

HSBC prevented a customer from dissolving her company due to an unpaid Bounce Back Loan. The Ombudsman dismissed the complaint, upholding HSBC’s actions. […]

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

A director who transferred his company’s HSBC Bounce Back Loan to himself, violating scheme rules, has been banned for 6 years. Learn how this misuse triggered a significant financial fallout. […]

HSBC Ordered to Issue Replica Bounce Back Loan for 2020 Application Errors, Ombudsman Upholds Complaint

HSBC mishandled a 2020 Bounce Back Loan application, prompting a 2023 order to issue a replica loan. The Ombudsman upheld the complaint, reaching a compromise with compensation after HSBC’s objections. […]

Bounce Back Loan Lenders Halt Recovery After 12 Months for Defaults—Find Out Why

Defaulted on a Bounce Back Loan? Lenders are now pausing recovery efforts after 12 months—discover the reasons behind this surprising shift. […]

11-Year Ban for Director’s Dual Bounce Back Loan and Record Evasion

A director who secured Bounce Back Loans from HSBC and Barclays for one business, then withheld accounting records, faces an 11-year ban. Discover how this double fraud and evasion was exposed. […]

Director Walloped with an 11-Year Ban for Blagging Four BBLs from Santander, Metro, HSBC, and Starling

A director’s banned 11 years for nabbing four BBLs from Santander, Metro, HSBC, and Starling and not paying them back. See her mega blag! […]

11-Year Ban for Director’s Turnover Fraud and Bounce Back Loan Misuse

A director who inflated turnover to secure an HSBC Bounce Back Loan and failed to use it for business benefit faces an 11-year ban. Delve into the backstory of this costly financial misconduct. […]