Lenders’ Red Flags: Signs Your Bounce Back Loan Lender Suspects Fraud – Read the Letters You’ll Get Sent If You Are on their Radar
BBL Blaggers
Henry Smith, Director of H Smith Furniture Supplies Ltd, Receives 9-Year Ban for Failing to Justify Turnover Estimate Used to Secure £50,000 Lloyds Bank Bounce Back Loan
Directors who used Bounce Back Loans to pay personal bills face disqualification and fines. […]
BBL Blaggers
Mirpacha Hajy Pachamir, Ride Solutions Ltd Director from Afghanistan, Banned for 10 Years for Overstating Turnover to Obtain £50,000 Santander Bounce Back Loan
Bounce Back Loan fraud has led to directors being barred from managing companies due to falsified applications. […]
BBL Complaints Upheld
HSBC Ordered to Pay £500 for Bounce Back Loan Non-Delivery, Ombudsman Upholds Complaint
HSBC failed to deliver a Bounce Back Loan, claiming an unsigned agreement the customer never received. The Ombudsman upheld the complaint, awarding £500 compensation. […]