HSBC – Page 5 – Bounce Back Loan

Noel Norbert Walker, Director of Curtis Wayne Urban Homes Limited, Starts 10-Year Ban for Claiming £1,250,000 Turnover to Secure £50,000 HSBC Bounce Back Loan When Actual Turnover Was £0

Bounce Back Loan misuse, like funding personal debts, has led to directors facing bans. […]

HSBC Ordered to Compensate Customer for Misapplying Bounce Back Loan Rules on Erroneous Insurance Payment, Ombudsman Upholds Complaint

HSBC incorrectly demanded a customer return an erroneous insurance payment to their Bounce Back Loan account, misinterpreting scheme rules. The Ombudsman upheld the complaint, ordering compensation for the bank’s error. […]

Kalvir Singh Chana, Director of Ideal Locations Building & Maintenance Ltd, Receives 10-Year Ban for Inflating Turnover by Over 15 Times to Secure £50,000 HSBC Bounce Back Loan

Directors who secured Bounce Back Loans for non-viable firms face disqualification for misconduct. […]

Constantin Paraschiv, Director of Paracon Trans Ltd, Receives 10-Year Ban for Overstating Turnover and Transferring £44,500 HSBC Bounce Back Loan Overseas

The Insolvency Service has disqualified directors for using Bounce Back Loans for personal fines. […]

Alieu Jobe, Director of VVibesupplies Limited, Receives 10-Year Ban for Claiming £200,000 Turnover to Secure £50,000 HSBC Bounce Back Loan for Non-Trading Company

Directors who used Bounce Back Loans for personal vacations face bans for fund misuse. […]

HSBC Ordered to Reinstate Bounce Back Loan and Return Funds After Unfair Debanking, Ombudsman Upholds Complaint

HSBC debanked a customer and seized Bounce Back Loan funds during a “safeguarding” review. Nearly two years later, the Ombudsman upheld the complaint, ordering HSBC to reinstate the loan and return the funds. […]

Aylan Zeydinova Fehim, Director of Unique Hair (London) Ltd, Starts 10-Year Ban for Overstating Turnover to Secure £50,000 HSBC Bounce Back Loan

Directors caught transferring Bounce Back Loans to personal contacts face Insolvency Service bans. […]

John Jattoh, Director of UZO Limited, Handed 8-Year Ban for Overstating Turnover to Secure £50,000 HSBC Bounce Back Loan

Fraudulent Bounce Back Loan applications have led to directors facing bans and reparations. […]

Kerri-Ann Hudson, Director of Body Talk For Ladies Fitness And Nutrition Limited, Starts 10-Year Ban for Overstating Turnover to Secure £50,000 HSBC Bounce Back Loan

The Insolvency Service has banned directors who claimed loans for non-functional companies. […]

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

Ioan Alin Marcu, director of Imbusi Ltd, who overstated turnover to secure a £50,000 HSBC Bounce Back Loan, faces a 10-year ban. Explore how this financial deception led to government crackdowns. […]