Lloyds – Page 28 – Bounce Back Loan

Lloyds Ordered to Refund Half of Scammed Bounce Back Loan Funds, Ombudsman Upholds Complaint

A Lloyds customer lost Bounce Back Loan funds to a cryptocurrency scam. The Ombudsman upheld the complaint, ordering a refund of half the lost funds with interest. […]

Village Store Owner Banned for 12 Years for Illegally Securing Lloyds and Santander Bounce Back Loans and Other Misconduct

A village store owner faces a 12-year ban for fraudulently obtaining two Bounce Back Loans from Lloyds and Santander, failing to register for VAT, and other misconduct. […]

Director Banned for 8 Years for Misusing Lloyds Bank Bounce Back Loan and Falsifying Turnover and Financial Statements

A female director faces an eight-year ban for multiple instances of Bounce Back Loan misconduct, including overstating her business turnover, misrepresenting the loan amount in financial statements, and not using the Lloyds Bank loan for business benefit. […]

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. […]

Business Owner Banned for 11 Years for Illegally Securing £100,000 in Dual Bounce Back Loans from Lloyds and Barclays

A business owner faces an 11-year ban after fraudulently obtaining two Bounce Back Loans, totalling £100,000, from Lloyds and Barclays for his single company, neither of which was repaid. […]

Director Banned for 9 Years for Using Unauthorized Turnover Estimate to Secure Lloyds Bank Bounce Back Loan

A director has been disqualified for nine years after improperly using verbal agreements and estimated future work to inflate turnover for a Lloyds Bank Bounce Back Loan application, when not permitted. […]

Lloyds Ordered to Reduce Bounce Back Loan Debt by Half After Wife’s Death, Ombudsman Upholds Complaint

A man’s wife applied for a Bounce Back Loan using his account before her death. The Ombudsman upheld the complaint, ordering Lloyds to reduce the debt by half. […]

Director Banned for 10 Years for Overstating Turnover to Secure £50,000 Lloyds Bank Bounce Back Loan, Prompting Guarantee Claim

A director faces a 10-year ban after an insolvency practitioner reported him for exaggerating his business turnover to obtain a £50,000 Lloyds Bank Bounce Back Loan, which went unpaid, triggering a government guarantee claim. […]

Director Banned for 6 Years for Failing to Account for £25,000 Lloyds Bounce Back Loan and Proceeds from Vehicle Sale

A director has been disqualified for six years after failing to clarify whether a £25,000 Lloyds Bank Bounce Back Loan was used for his company’s benefit or where funds from a Toyota SG Cruiser sold in Romania went. […]

Director Banned for 11 Years for Falsifying Turnover to Secure £50,000 Lloyds Bank Bounce Back Loan and Misusing Funds

A director faces an 11-year ban after overstating his business turnover to obtain a £50,000 Lloyds Bank Bounce Back Loan, which he did not use for business purposes, prompting a government guarantee claim. […]