HSBC

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. […]

Director in New Zealand Clobbered with an 8-Year Ban for Blagging HSBC and Starling BBLs for One Firm

A director in New Zealand’s banned 8 years for nabbing HSBC and Starling BBLs for one company. See his far-flung blag! […]

4-Year Ban for Director’s £70k Bounce Back Loan Misuse

A director who diverted a £70,000 HSBC Coronavirus Business Interruption Bounce Back Loan for personal gain now faces a 4-year ban. Find out how this misuse violated Bounce Back Loan rules and harmed the business. […]

Director Banned for 11 Years for Falsifying Turnover to Secure Lloyds and HSBC Bounce Back Loans and Misusing Funds

A director has been disqualified for 11 years after overstating the turnover of his two companies to secure Bounce Back Loans from Lloyds and HSBC, then spending the funds on personal expenses like clothes, electronics, day trips, and a holiday. […]

11-Year Ban for Director’s Ineligible £50k Bounce Back Loan Misuse

A director who blagged a £50,000 HSBC Bounce Back Loan for a company not yet incorporated under scheme rules, then misused it, now faces an 11-year ban. Find out how HSBC overlooked this critical detail. […]

Director Banned for 13 Years for Illegally Securing Three Bounce Back Loans from Metro Bank and HSBC, Including for Non-Trading Company

A company director has been disqualified for 13 years after fraudulently obtaining three Bounce Back Loans—two from Metro Bank and HSBC for one company, and a third for a non-trading company. […]