Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

International campaign launched against money laundering and cryptocurrency fraud

Photo: EPA/BGNES

Pursuant to a European Investigation Order from Germany, the Sofia City Prosecutor's Office and the police are investigating an international organized crime group for financial instrument fraud. The action has been coordinated with Eurojust and Europol, the prosecutor's office announced.

A network of cryptocurrency fraud, tax crimes and money laundering operating from Bulgaria, Cyprus and Serbia has been busted. The network defrauded numerous victims in Germany, Switzerland, Austria, Australia and Canada out of tens of millions of euros. 

During the action in Germany, Bulgaria, Cyprus and Serbia, 4 call centres and 18 other sites with 250 workplaces were searched, more than 250 people were questioned, more than 150 computers and numerous data carriers and currency were seized. 14 persons were detained in Serbia and one in Germany.

The Bulgarian authorities have interrogated 42 persons, of which 6 are foreign citizens. The questioning of more than 50 witnesses and checks of accounting documents continue. 33 German police officers participated in the actions in Bulgaria, Cyprus and Serbia.

The action in Sofia affected the crypto trading company NEXO. In the position of the company, it is emphasized that they do not develop activities in Bulgaria and that they will file a lawsuit against the authorities for breaking up their business.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Industry workers in demand, no applicants for jobs in hospitals and social services

There are nearly 17,600 job vacancies in the country by the end of the third quarter of 2024, according to the National Statistical Institute. This is almost 1,000 fewer than at the end of the second quarter.  The Employment Agency reported that..

published on 12/21/24 5:04 PM
Parliamentary Speaker Natalia Kiselova

The Speaker of Parliament expects the President will not appoint a Prosecutor General

The most important thing is to form a government, the Speaker of Parliament Assoc. Prof. Natalia Kiselova told the Bulgarian National Radio. If there are talks about a government, there will also be talks about other bodies, with the exception of the..

published on 12/21/24 4:26 PM

EU finds no competition violation in Botas deal

The European Commission's Directorate-General for Competition has notified Bulgargaz and Bulgartransgaz that the case on the agreements concluded between the Bulgarian companies and the Turkish energy company Botas has been closed and no competition..

published on 12/21/24 4:04 PM