All Rishi's Fault Archives

HSBC Ordered to Write Off Another Bounce Back Loan and Pay Compensation After They Said a Director Had Blagged a Second BBL for Her One Single Company and Chased Her for Repayment, She Proves It Was a BBL For and Used By a Completely Different Company That Is Now Dissolved

June 10, 2024

Have a read through of this case, as I am sure you will never bank with HSBC when you do, as they appear not to know their arse from their elbow. […]

Subscriber Special – HSBC Ordered to Write Off a Bounce Back Loan, Pay Compensation and Called “Disingenuous” For Keeping Quiet About a Known System Error on Their BBL Application Form Which Ignored Which Box You Ticked Entirely

May 2, 2024

I recently wrote about NatWest and how that the bank had been ordered to write off a Bounce Back Loan, as it was in a customer’s personal name and not the LTD Company name, as the entity that got the BBL. But as we know, HSBC were also guilty of such, and they have just been ordered to write off a BBL, and hopefully many more for their shenanigans, and yours may be one of them. […]

HSBC Goes Crying to the Ombudsman After a Case Handler Orders Them to Reinstate a Bounce Back Loan They Snatched Back After De-Banking a Customer – That Ombudsman, Alex Brooke-Smith Also Orders Them to Reinstate It, Awards Compensation to the Customer and Interest on the Money They Snatched

April 20, 2024

Here is a recent Bounce Back Loan related case that the Ombudsman has made a final decision on. Which will no doubt have HSBC moaning. […]

Ombudsman Orders HSBC to Remove Yet Another “Evasion of Payment” CIFAS Fraud Marker Against a Bounce Back Loan Recipient They Treated Abhorrently Including Restricting Access to His Company’s BBL Funds for 5 Months

February 8, 2024

Here is the outcome of yet another case involving HSBC and their dodgy CIFAS markers. […]

HSBC Set Up a Ltd Company’s BBL in the Directors Personal Name – Something They Have Done a HUGE Number of Times – Ombudsman Say They Cant Change It Due to the Harebrained Rules of the Scheme and Awards Him £250 – Its Defaulted Now Anyway, So I Doubt They Will Get Anything Back

December 14, 2023

The number of people who have told me HSBC have done the following to them too is large, anyway read on and do not laugh at the confusion and waffle of the Ombudsman due to the ridiculous rules of the BBL scheme…. […]

Baroness Penn Lies to Members of the House of Lords, Clearly Stating Bounce Back Loan Lenders Must Not Require the Borrower to Pay Any Lender Levied Fees of Any Description Including on Default, When It Is Happening Right Under Her Nose

January 15, 2024

Just a quick update on the unfolding scandal in which a Bounce Back Loan Lender is trying to scam lender levied fees onto those BBL recipients struggling to repay their loans. Step forward Baroness Penn […]

Read a Signed Admission (I Have Been Sent from a Government Department) of a Business Owner Who Blagged Three Barclays Bounce Back Loans and Has Accepted Their Fate, That Being a 12 Year Ban

June 15, 2023

I was sent the following by a Government Department which relates to someone who Blagged three Bounce Back Loans from Barclays Bank. I thought I would post it up as some of you may find it of interest when wondering what happens to those who admit such and end up getting slapped with a ban: […]

Subscriber Special – Final Stage of the “BBL Fraud Analysis Pilot Scheme” Due to Be Completed By November 2025 That Has Been Secretly Tracking Business Owners For 3 Years That Blagged a BBL By Over-Egging Their Turnover or Weren’t Even Trading – Indicators Are Some 537,913 Business Owners Could Have Blagged a BBL

February 28, 2024

Here is an update on the not so “secret” pilot that has been in progress behind the scenes, that has been tracking businesses for years that got a Bounce Back Loan using data from BBL Lenders and matching it with HMRC data. This pilot is due to be completed by the end of November 2025. […]