'Russia has allocated EUR 69 million for the spread of propaganda and significant interference in the internal affairs of Bulgaria and Romania', reported the websites of 24 Chasa daily and Actualno.com, referring to BG Elves. BG Elves claim to have documents proving financial flows from Novosibirsk directed to Bulgaria and Romania.
The payments were allegedly divided into thousands of small transactions of EUR 5,000 each to avoid detection. The scheme started at 2010 at the latest, according to an undeleted trace of the Adnow servers. The systems were developed in Russia and have been refined and rebranded multiple times over the years. BG Elves also claim to be in contact with investigative journalists and authorities in Romania, the United Kingdom and Ukraine.
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By mid-2026, Bulgaria should be removed from the Financial Action Task Force (FATF) “grey list” of countries with deficiencies in its anti-money..
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