HSBC – Page 26 – Bounce Back Loan

HSBC Holds Customer Liable for Bounce Back Loan via Mobile Log-Ins, Ombudsman Dismisses Complaint

An HSBC customer denied applying for a Bounce Back Loan, but mobile log-ins and messages proved otherwise. The Ombudsman dismissed the complaint, citing evidence. […]

12-Year Ban for Director’s Triple BBL and Job Retention Scheme Fraud

Securing three BBLs from NatWest, Barclays, and HSBC for one business, plus job retention funds, led to a 12-year ban. Explore this brazen multi-scheme scam. […]

Director Banned for 11 Years for Securing Two £50,000 Bounce Back Loans from Lloyds and HSBC for Single Company

A director has been disqualified for 11 years after fraudulently obtaining two £50,000 Bounce Back Loans from Lloyds and HSBC for his single company, violating the scheme’s rules. […]

9-Year Ban for Director’s Dormant Company Bounce Back Loan Theft

A director who secured a Bounce Back Loan for a dormant company and pocketed the funds faces a 9-year ban. Learn how this HSBC Bounce Back Loan was fraudulently obtained and misused. […]

10-Year Ban for Director’s Gross Turnover Overestimate

A director who wildly overestimated her company’s turnover to secure an HSBC Bounce Back Loan faces a 10-year ban. Uncover how this permitted estimation turned into a costly fraudulent miscalculation. […]

12-Year Ban for Director Who Snagged Two Illegal Loans

DeA director’s audacious scheme to secure two Bounce Back Loans for one company, exploiting a bank’s oversight, has landed him a 12-year disqualification. Learn how this costly mistake left both loans unpaid at liquidation. […]

Public Accounts Committee Slams Lax Bounce Back Loan Fraud Action, Accuses Banks of Guarantee Abuse

The Public Accounts Committee blasts weak Bounce Back Loan fraud enforcement, suggesting banks are recklessly claiming guarantees with little oversight. […]

HSBC Seizes Sole Trader’s Account for Bounce Back Loan, Ombudsman Dismisses Complaint

HSBC seized a sole trader’s account funds to repay a demanded Bounce Back Loan. The Ombudsman dismissed the complaint, citing the bank’s contractual rights. […]

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

A director who inflated turnover to blag a £50,000 HSBC Bounce Back Loan, leaving it unpaid at liquidation, now faces a 10-year ban. Explore the details of this financial deception and its fallout. […]

HSBC Ordered to Pay £150 for Misleading on Bounce Back Loan Liability, Ombudsman Upholds Complaint

HSBC falsely told a director he was personally liable for a Bounce Back Loan. The Ombudsman upheld the complaint, ordering £150 compensation for the misinformation. […]