Municipal Officials in Brezovo Charged over Pension Fund Fraud Scheme

Crime | October 24, 2014, Friday // 19:14
Bulgaria: Municipal Officials in Brezovo Charged over Pension Fund Fraud Scheme Photo by BGNES

The Plovdiv District Prosecutor’s Office has pressed charges against the Mayor and Deputy Mayor of the Brezovo Municipality, the Municipal Secretary, and a banking official in a case concerning numerous flawed attestations by a notary.

The four were arrested in a special operation of the State Agency for National Security (DANS) on Thursday.

The defendants have been released on bail.

The Mayor of the Brezovo Municipality, Radnyo Manolov, has been imposed a bail of BGN 5000, while Deputy Mayor Dimitar Tomov and Municipal Secretary Stoyna Maleshkova have been released on a bail of BGN 1000, and Stoyanka Stoyanova, head of a local office of the DSK Bank, has been imposed a bail of BGN 2000, according to a media statement of the prosecuting authority, as cited by

The defendants have been charged with forging notarial attestationsof transactions with sums accumulated in pension funds.

At least 114 notarial attestations of signatures took place at the Brezovo Municipality in the period January 17, 2014 – October 2, 2014.

Over 130 witnesses have been questioned so far and the investigation into the case continues.

We need your support so can keep delivering news and information about Bulgaria! Thank you!

Crime » Be a reporter: Write and send your article
Tags: pension fund, pension accounts, Plovdiv, fraud scheme, Brezovo
Advertisement All Are Welcome! Join Now!
Bulgaria news (Sofia News Agency - is unique with being a real time news provider in English that informs its readers about the latest Bulgarian news. The editorial staff also publishes a daily online newspaper "Sofia Morning News." (Sofia News Agency - and Sofia Morning News publish the latest economic, political and cultural news that take place in Bulgaria. Foreign media analysis on Bulgaria and World News in Brief are also part of the web site and the online newspaper. News Bulgaria