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‘It’s very troubling’: thieves use vulnerable man to take out £28,000 bank loan

Metro Bank faces questions over safeguards and why victim was allowed to borrow such a big sum

The family of a deaf man who was groomed by a gang into taking out a £28,000 business loan has demanded to know how a vulnerable person, with virtually no assets, could be marched into a Metro Bank, and allowed to borrow such a huge sum.

Peter James*, who has special educational needs, and who only communicates through British Sign Language, was being chased by the bank’s debt collectors, and facing possible bankruptcy, before Guardian Money became involved.

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