The Disqualification Files

5 Year 6 Month Disqualification for Using an HSBC Bounce Back Loan for Personal Benefit

Another £27.5k and one more Bounce Back Loan has been added to my BBL Tracker that is keeping score of those who have received a slap for what is deemed to be “wrongdoing” with a Bounce Back Loan, and today’s case looks at a Company Director that was found to have used an HSBC BBL for personal benefit and received a 5 year and 6-month disqualification at liquidation. […]

BBL Complaints and Outcomes

A Barclays Customer Says a Fraudster Transferred a Large Chunk of Their Bounce Back Loan Out of Her Account but the Ombudsman Says the Phone Calls Made to the Bank Sound Like the Customer and Do Not Uphold the Complaint

Having informed Barclays that someone had transferred a large amount of her BBL out of her account fraudulently and getting nowhere, a customer takes the complaint to the Ombudsman who states it was more than likely the customer who made the transaction and not a fraudster, and subsequently does not uphold the complaint. […]

The Disqualification Files

Bagging Not One But Two Bounce Back Loans for a Company That Was Not Incorporated Within the BBL Scheme Requirements Results in Outrageous Company Director Slapped with an 11 Year Disqualification

After chancing her luck and successfully bagging a £40k Bounce Back Loan with NatWest for her business that wasn’t eligible for one of those loans, the Company Director whose details you will find below then blagged a second one for the same company five days later from HSBC for £35k. […]

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