Three Arrested for Informational Attack on First Investment Bank

Crime | June 29, 2014, Sunday // 10:19
Bulgaria: Three Arrested for Informational Attack on First Investment Bank Ventsislav Angelov (C) is escorted by the authorities in Ruse. Photo by State Agency for National Security

Three people have been arrested in connection with the informational attack on First Investment Bank (FIB) earlier this week.

They are suspected of having sent emails and short text messages to the bank’s clients, urging them to withdraw their money, as FIB is facing bankruptcy. This stirred mass panic, with over BGN 800 M withdrawn from the bank on Friday alone.

The special operation carried out by the State Agency for National Security (DANS) led to three arrests, in Ruse and Sofia. One of the detainees is Ventsislav Angelov, known as “The Chicago”. He is a former employee of the Interior Ministry, and with an extensive criminal CV. Angelov has been previously convicted of tax fraud and drug trafficking.

Investigators have tracked down the three suspects by following IP addresses from which the false emails were sent. Facebook and Youtube have also been used to disseminate the fraudulent information, revealed.

The hunt will continue, as it is still unknown who is the main orchestrator of the attack.

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Tags: State Agency for National Security, DANS, First Investment Bank, tax fraud, drug trafficking, Ventsislav Angelov, Ruse, sofia
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