More than 20 reports have so far been submitted to the police connected with a Ponzi scheme - BETL - after it stopped paying out dividends. Collective action cannot, as yet, be taken as the relevant services have to establish who is behind the company first, lawyer Tsvetomila Sabonska who represents some of the people who have been scammed said in an interview with BNR.
Bulgarian citizens have been scammed out of more than 280 million dollars by the Ponzi schemeBETL, said Yavor Kolev, former director of the Cybersecurity department of the General Directorate Combating Organized Crime in an interview with BNR. He added that the founders of the Ponzi scheme have set up a new platform under a different name.
Bulgaria’s National Assembly approved at second reading amendments to the Investment Promotion Act. Under the changes, the assets of the Russian company Lukoil in Bulgaria can be sold only after a decision by the Council of Ministers and following a..
Bulgaria’s Prime Minister Rosen Zhelyazkov is convening a working meeting with ministers in connection with the United States’ decision to impose sanctions on Rosneft and Lukoil. The meeting is scheduled for 11:00 a.m. on Friday. Premier Zhelyazkov..
The Festival of Elena Dry-Cured Ham which will take place from October 24 to 26 in the town of Elena, offers a rich folklore program, competitions, demonstrations and tastings, the organizers from the Municipality of Elena and the Local Tourism Council..
By mid-2026, Bulgaria should be removed from the Financial Action Task Force (FATF) “grey list” of countries with deficiencies in its anti-money..
Frol and Frosia are the newest residents of the Bear Sanctuary Belitsa, according to the Four Paws Foundation, which runs the bear sanctuary in..
Plovdiv Airport welcomed the first flight from Milan (Malpensa) with an official ceremony on October 26. The aircraft carried 87 passengers on the newly..
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