Director Banned for 9 Years for Overstating Turnover to Secure £50,000 Metro Bank Bounce Back Loan and Misusing £49,000
BBL Blaggers
Nikolay Hristov Kolev, Director of Kaicony 2 Limited, Banned for 9 Years Over Misstated Turnover for Santander Loan
Nikolay Hristov Kolev, a Bulgarian director of Kaicony 2 Limited, has been handed a nine-year directorship ban starting 2 June 2025. The ban stems from his significant overstatement of the company’s turnover to obtain a £50,000 Santander Bounce Back Loan, violating the terms of the loan scheme designed to support businesses. […]
BBL Blaggers
Co-Directors Hit with 7-Year Bans for £50k Turnover Fraud
Two co-directors who inflated turnover to secure a £50,000 HSBC Bounce Back Loan face matching 7-year bans. Discover how their joint deception led to unpaid debts and penalties. […]
BBL Blaggers
Director Banned for 9 Years for Misrepresenting Turnover to Secure £40,000 Santander Bounce Back Loan
A director faces a nine-year ban for exaggerating turnover to secure a £40,000 Santander Bounce Back Loan and a top-up, which went unpaid at liquidation. The disqualification underscores misuse of the loan scheme. […]