Send to Kindle
Bulgarian brokerage firms have been implicated in an international investigation into a Russian money-laundering scheme. According to Intelligence Online, as reported by BGNES, two Bulgarian intermediaries were involved in moving tens of millions of dollars through a web of shell companies.
The transactions, which also passed through Poland, have been stopped, and one of the Bulgarian firms has already faced fines from local regulators. Intelligence Online notes that the probe into the movement of funds through the Bulgarian financial system is widening across multiple countries.
Further reporting by Forensic News and Hetq indicates that the scheme is extensive, involving dozens of interconnected fictitious companies, through which at least USD 20 billion was allegedly siphoned from Russia.
Kubrat Pulev has been dethroned as the regular World Boxing Association champion after suffering a knockout defeat to Russia’s Murat Gassiev
Italy, Bulgaria, Malta and Belgium have issued a joint statement expressing reservations about the European Union’s plan to use frozen Russian assets as the basis for a large-scale financial mechanism to support Ukraine
A Russian-flagged tanker, identified as the KAIROS, has run aground near the Bulgarian coast close to Ahtopol following a drone attack by Ukraine in the Black Sea
EU legislators have reached a landmark agreement to end reliance on Russian gas by 2027, marking a decisive shift in Europe’s energy policy.
Bulgarian President Rumen Radev met with EU ambassadors at the Danish Embassy on December 4 to discuss pressing challenges facing the European Union
Nearly 60% of the pork available on the Bulgarian market comes from domestic producers
A large-scale police operation involving the special unit “Cobra” is underway in Sofia’s Lyulin district, as well as at several other locations across the capital, according to NOVA sources.
Fourteen people have been formally charged for their role in the violence that broke out during the December 1 protest in central Sofia
At the request of the Pleven District Prosecutor’s Office, the Pleven District Court has ordered the pre-trial detention of three men, citizens of Georgia, who are accused of migrant trafficking
Handcuffed and with his head bowed, 24-year-old Juney Dyulgerov appeared before the Plovdiv District Court in connection with the tragic traffic accident on the Plovdiv Ring Road
The 23-year-old son of a prominent businessman from Madan, Bulgaria, was violently killed and his body discarded in a local river, the Smolyan District Prosecutor's Office confirmed
In Sofia’s “Studentski Grad” neighborhood, a minor was fatally stabbed following a violent altercation in front of a local restaurant
Bulgaria's Strategic Role in the EU's Drone Wall Defense Initiative
When Politics Means Violence
