
4-Year Ban for Director’s Personal Bounce Back Loan Diversion

HM Government set up a very shady/seedy little scheme whereby anyone declined a business loan would be asked, by the bank that declined them, would they like their details passed over to one of three “Government approved portals” who may help them get a business loan. […]
HSBC cancelled a Bounce Back Loan application after two years, causing delays. The Ombudsman upheld the complaint, affirming the bank’s £150 compensation as fair. […]
Sanawar Ali, director of Quality Cars 4 You Ltd, faces a 10-year ban after liquidator Jamie Playford reported him for using an inflated estimated turnover to secure a £50,000 Lloyds Bank Bounce Back Loan. […]
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