According to a European investigation order from Germany, the Sofia City Prosecutor's Office and the police are investigating an international organized crime group for financial instrument fraud. The action was coordinated with Eurojust and Europol, said the prosecutor's office.
A network of criptocurrency fraud, tax crimes and money laundering from Bulgaria, Cyprus and Serbia has been busted. The network defrauded hundreds of millions of dollars in Germany, Switzerland, Austria, Australia and Canada.
More than 250 people were questioned during the action in Germany, Bulgaria, Cyprus and Serbia, 4 call centres and 18 other sites with 250 workplaces were searched, more than 150 computers and numerous data carriers and currency were seized. In Serbia, 14 people were arrested and one in Germany.
The Bulgarian authorities have interrogated 42 people, of which 6 are foreign citizens. More than 50 witnesses and checks of accounting documents are being questioned. 33 German police officers participated in the actions in Bulgaria, Cyprus and Serbia.
The NEXO trading company was affected by the action in Sofia. In the position of the company, it is emphasized that they do not develop activities in Bulgaria and that they will file a lawsuit against the authorities for breaking up their business.