The son of toppled Serb dictator Slobodan Milosevic, Marco, has pocketed millions of euros by smuggling shipments of cigarettes through a Bulgarian Black Sea channel, Serbian reports said, citing police sources.

The "Insider" broadcast of Belgrade radio B 92 broke for the first time information about the findings of a police investigation from 2003, which reportedly prove irregularities in the business empire of Marco Milosevic.

The media cited their own sources as police is still keeping the information a secret.

Marco Milosevic has won EUR 76 M by smuggling cigarettes in the period from 1996 till 2002, the report said.

The heftiest profits came from "classic" smuggling methods . As owner of Cyprus-based "Inex Global" company, Milosevic allegedly sent to the Bulgarian port of Burgas a ship, loaded with cigarettes. After being transferred to trucks and transported to the Serbian border, the customs declarations turned the cigarettes into "furniture exports for the Hungarian market".

Serbian reports say police has conducted several investigations into the cigarette smuggling schemes since the middle of 90s, never to officially announce the results.