THE BULGARIAN MEDIA SPREAD OUT THE NEWS RELATED TO THE REGISTERED IN MALTA MARK EFBET! TO THE ATTENTION OF THE NATIONAL REVENUE AGENCY, THE PROSECUTOR’S OFFICE AND THE MINISTRY OF INTERIOR: Here is how the owners of EFBET conceal income, do not pay taxes and launder money through companies in our country and abroad
An impressive series of publications in the last few weeks in over 20 Bulgarian online and printed media disclosed a part of the “secret face” of the owners of Efbet and the gambling company managed by them.
It became clear to the naïve audience up to now that the former official from the repressive communist secret services stands at the front of the Company Stefan Naydenov – Tsekata who was an active informer of the 6th Administration of the State Security for years on end working under the pseudonym “Nikolov”.
The publications also disclosed that nowadays Efbet is operationally managed by the two sons of Stefan Naydenov, Boyan and Tsvetomir Naydenovs, who on their hand collect aimed at realizing illegal trade the personal data of their customers in Efbet, as well as that the two of them are mixed up in a heap of suspicious activities by which the landlords of the Company conceal income, do not pay taxes in the state treasury and even, according to publications in foreign media are mixed in criminal schemes for money laundering in several European states.
Journalists also disclosed that on 4 October this year in several offices of Efbet in Sofia there was a raid of the Specialized Prosecutor’s Office and the State Agency for National Security, and at the moment there is even an investigation conducted in several specialized services.
How, however, Stefan, Boyan and Tsvetomir and their company Efbet cheat the state and their customers?
The scheme is large-scale but here is a part of it.
Stefan, Boyan and Tsvetomir Naydenovs are shareholders in dozens of companies which hold a license for implementation of gambling activity. They are partners in the company Brobet, Malta which holds a license for organization of online bets in Bulgaria and in Malta. Their game rooms, the casinos and the online bets operate commonly under the trademark Efbet.
Here a long list of the violations starts which may be described for years on end but we shall limit ourselves only to several glaring examples for the time being.
Bets in cash are accepted and paid in the game rooms and the casinos of Efbet in full violation of the Gambling Act and the Limitation of Cash Payments Act. In general, this happens in the following manner:
The bets which are accepted in cash are not reflected in the daily and monthly reports and are not submitted to the Gambling Commission and the National Revenue Agency. At the end of each month the real reports are remade and the amounts in them are intensely reduced, they are erased from all the computers and the real information in hard copy is destroyed. The remade (unreal) reports are submitted to the Gambling Commission.
There is an assembled counter on each machine in the game rooms as it is in conformity with the law. These counters are regularly manipulated under the order of the owners aimed at their correspondence with the remade unreal current report which is submitted to the Gambling Commission.
The payment of profits, irrespective of their amount, is also made in cash and not as it is in conformity with the Gambling Act, that all the amounts of over 5000 BGN should be paid through a bank transfer. The latter may be confirmed by hundreds of witnesses who played in the game rooms of Efbet all over the country. The players photographed on the site of Efbet and in the Facebook pages of the game rooms with profits of far over 5000 BGN are frequently not reflected in the reports as they receive a bigger part or the entire amount in cash again. The matter is monthly about several million of Bulgarian leva!
In this manner the persons Stefan, Boyan and Tsvetomir Naydenovs accumulate enormous amounts in cash which are not officially reflected anywhere at all and are not levied by absolutely and taxes whatsoever! The thus received enormous amounts in cash are used for purchase and construction of real estate properties all over the country which on its part is a textbook example of money laundering.
A part of these enormous funds is also exported in cash abroad where properties are also bought through dummies and most diversified well concealed investments are made. There is a similar example with one of the latest lovers of Tsvetomir Naydenov, whom he gave in cash nearly one million Euro whilst she officially seemed to develop allegedly a kind of her own business in Milan, Italy.
Naturally the two brothers realize all these criminal; schemes in full confidentiality and in a strictly centralized manner, and solely an exactly fixed number of trusted people receive orders personally from them what to do and how to report the concealed and laundered money.
EXPECT MORE SCANDALOUS FINDINGS ABOUT OCTOPUS EFBET!