7-Year Ban for Director Inflating Turnover for Barclays Loan, Says Badenoch
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
Judge Orders Bounce Back Loan Fraudster to Repay Half in 7 Days
A Snaresbrook judge ordered a fraudster who misused a Bounce Back Loan to repay half within a week, handing down an 8-month suspended sentence. […]
BBL Blaggers
Baboucar Jack, Director of Essentials Trading UK Ltd, Starts 10-Year Ban for Overstating Turnover by Over 12 Times to Fraudulently Obtain £50,000 Santander Bounce Back Loan
The Bounce Back Loan scheme’s vulnerabilities enabled fraud, with directors disqualified for falsifying application details. […]