Judicial and law enforcement authorities in Bulgaria, supported by Europol and Eurojust, have taken down a network of online investment fraudsters involved in money laundering, Europe’s police co-operation agency said on January 27.
The Bulgarian National Police had arrested one suspect for defrauding mainly German and Greek investors of at least 10 million euro, Europol said.
On January 26, a total of 24 locations were searched, while police questioned 66 witnesses in Sofia and Bourgas.
Furthermore, a variety of electronic equipment, financial information and recordings was seized, Europol said.
Europol said that it had deployed two experts on the ground in Bulgaria to facilitate the information exchange and provide real-time operational analysis and technical expertise.
Eurojust coordinated the joint action day and provided cross-border judicial support.
The national authorities deployed about 100 officers and prosecutors during the action day.
The scam was exposed after complaints were made by German and Greek investors who had lost all of the deposits they had invested in the online scam, Europol said.
The organised crime group responsible had set up websites…
