HSBC – Page 30 – Bounce Back Loan

6-Year Ban for Director’s £50k Bounce Back Loan Record Dodge

A director who exploited an “accounting records loophole” to obscure the fate of a £50,000 HSBC Bounce Back Loan faces a 6-year ban. Discover how this tactic led to a lighter penalty despite liquidation losses. […]

Director Banned for 8 Years for Falsely Claiming £210,000 Turnover to Secure £50,000 HSBC Bounce Back Loan and Misusing Funds

A director faces an eight-year ban after claiming a £210,000 turnover, when it was zero, to secure a £50,000 HSBC Bounce Back Loan, spending it on himself and leaving it unpaid at liquidation. […]

11-Year Ban for Director’s £2k to £225k Turnover Fraud

A director who wildly overstated turnover from £2,026 to £225,000 to blag a £50,000 HSBC Bounce Back Loan now faces an 11-year ban. Explore how this massive exaggeration led to liquidation losses. […]

HSBC’s Bounce Back Loan Account Closures Not Discriminatory, Ombudsman Dismisses Complaints

Customers claimed HSBC closed accounts and seized Bounce Back Loans on discriminatory grounds. The Ombudsman dismissed the complaints, citing no evidence of unfair treatment. […]

HSBC Seizes Bounce Back Loan, Ombudsman Dismisses Discrimination Complaint

HSBC seized a Bounce Back Loan and closed an account, prompting a discrimination claim. The Ombudsman dismissed the complaint, leaving discrimination to court review. […]

HSBC Seizes Bounce Back Loan Funds, Ombudsman Dismisses Complaint Deferring Discrimination

HSBC seized Bounce Back Loan funds and closed accounts, facing a discrimination claim. The Ombudsman dismissed the complaint, deferring discrimination issues to courts. […]

HSBC Ordered to Pay £150 for Bounce Back Loan Application Delay, Ombudsman Upholds Complaint

HSBC took six months to notify a customer of account issues blocking a Bounce Back Loan application. The Ombudsman upheld the complaint, awarding £150 compensation. […]

Co-Directors Banned for Misusing £50k Loan

Two co-directors face bans of 2.5 and 5 years for their roles in misusing a £50,000 Bounce Back Loan, with one neglecting duties and the other diverting funds away from the business. Uncover the details of this HSBC loan gone wrong. […]

11-Year Ban for Director’s £40k Ineligible Bounce Back Loan Scam

A director who secured a £40,000 HSBC Bounce Back Loan for an ineligible business and misused the funds now faces an 11-year ban. Uncover the details of this bold financial deception. […]

10-Year Ban for Director’s £225k Turnover Lie

A director who falsely claimed a £225,000 turnover to secure a Bounce Back Loan faces a 10-year ban and must repay £800 monthly. Learn how HSBC’s delays also cost them a £150 compensation payout. […]