Total losses estimated in the region of €80 million
EUROPOL April 7, 2020
A large criminal network involved in fraud, money laundering and social engineering was dismantled in an international investigation. Europol and Eurojust supported the investigation which involved law enforcement and judicial authorities from Austria, Bulgaria, Germany and Serbia.
The action day, which took place in Belgrade and Sofia, went ahead on 2 April despite the current lockdown. Law enforcement authorities from Bulgaria and Serbia carried out 11 house searches and arrested 9 individuals (5 in Serbia and 4 in Bulgaria). Two of the leaders of the criminal network were arrested in Sofia. The seizures include five properties in Serbia, €2.5 million from a bank account in Germany, electronic equipment and other evidential material. Additionally, 30 other bank accounts were put under surveillance. →
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