HSBC – Page 27 – Bounce Back Loan

HSBC Demands Bounce Back Loan Repayment Post-CBILS, Ombudsman Dismisses Complaint

HSBC demanded a Bounce Back Loan repayment and seized funds after a CBILS approval. The Ombudsman dismissed the complaint, upholding HSBC’s actions. […]

Director Banned for 11 Years for Securing Dual HSBC and Lloyds Bank Bounce Back Loans for Non-Trading Business

Here iA director faces an 11-year ban after fraudulently obtaining Bounce Back Loans from HSBC and Lloyds Bank for a single non-trading business, misusing the funds and leaving both loans unpaid. […]

9-Year Ban for Director’s Post-Cutoff Bounce Back Loan Fraud

A director who obtained a Bounce Back Loan for a non-trading company incorporated after the scheme’s cutoff date, leaving it unpaid, now faces a 9-year ban. Uncover how HSBC missed this ineligible application. […]

irector Clobbered with an 11-Year Ban for Blagging TSB and HSBC Loans and Misusing the Cash

A director’s banned 11 years for grabbing TSB and HSBC loans and splashing the cash wrongly. See his pricey blag! […]

Director Banned for 5 Years for Failing to Provide Records for £50,000 HSBC Bounce Back Loan, Obscuring Financial Legitimacy

A director faces a five-year ban for failing to maintain or deliver adequate accounting records to the liquidator, preventing verification of the legitimacy and usage of a £50,000 HSBC Bounce Back Loan. […]

Director Banned for 6 Years for Failing to Account for HSBC Bounce Back Loan and Covid Grants, Misrepresenting Dormant Status

A director faces a six-year ban for not providing accounting records to the liquidator, obscuring the usage of an HSBC Bounce Back Loan and Covid support grants, and approving dormant accounts despite trading. […]

10-Year Ban for Director’s Phantom Applicant Bounce Back Loan Excuse

A director’s claim that a mysterious, unproven individual applied for her company’s unpaid £50,000 HSBC Bounce Back Loan has earned her a 10-year ban. Dive into this bizarre attempt to dodge responsibility. […]

Director Banned for 12 Years for Illegally Securing Metro Bank and HSBC Bounce Back Loans and Misusing Funds for Rent and Crypto

InA company director has been disqualified for 12 years after fraudulently obtaining two Bounce Back Loans from Metro Bank and HSBC, totalling £97,000, and using them to pay home rent and invest in cryptocurrency. […]

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

A director who overstated turnover to secure a £50,000 HSBC Bounce Back Loan, then left it unpaid in insolvency, has been banned for 10 years. Delve into the familiar pattern of this financial fraud. […]

8-Year Ban for Director’s £25k Turnover Scam

A director who overstated turnover to secure a £25,000 HSBC Bounce Back Loan—when eligible for just over £10,000—has been banned for 8 years. Learn how this fraud led to government guarantee claims. […]