First Euro-Related Fraud Reported in Bulgaria: Authorities Warn Public
Bulgarian authorities have reported the first case of fraud linked to the upcoming euro adoption
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In one of the latest raid of Bulgaria's police against organized crime groups, code-named “The Untouchables", sixteen people were arrested. Photo by BGNES
Forged documents, banknotes and road vignette stickers have been seized in the latest raid of Bulgaria's police against organized crime groups, code-named “The Forgers".
"The operation targets suspect members of a group of forgers in the northern Bulgarian towns of Veliko Tarnovo and Sevlievo," Interior Minister Tsvetan Tsvetanov announced Wednesday morning.
The group is led by a man identified as Miroslav Tsankov, who was sentenced on probation and declared wanted in 2008. At the time of the arrest he carried six forged identification documents, featuring different names.
Bulgaria's new center-right government is taking steps to root out the corruption and organized crime that have affected the country for years.
In February heavily armed anti-terror police burst into homes, bars and strip-joints to arrest 14 alleged members of a powerful crime gang in an operation, named "Octopus". They are suspected of extortion, drug trafficking, money laundering and tax fraud.
The raid was followed by another, code-named “The Fakirs”, which targeted car thieves. Along with “The Fakir” operation, the police also carried out a raid against members of the so-called strong-arm groups, who are believed to be involved in contract murders.
In one of the latest raid of Bulgaria's police against organized crime groups, code-named “The Untouchables", sixteen people were arrested.
The operation targeted suspect members of a group for money laundering and tax crimes, which have incurred huge losses to the state.
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