Revelations

    • To 'poison' CorpBank's defrauded depositors

      To 'poison' CorpBank's defrauded depositors

      Prior to the collapse of the CorpBank pyramid scheme in 2014, Dunarit was used by Tsvetan Vassilev as a distribution centre through which credit facilities were provided by the bank and subsequently given out as “loans” to shell firms. Of course, without any collateral. According to reports by CorpBank's bankruptcy administrators, over BGN 90 million have been syphoned off through this scheme, subsequently captured by fictitious cessions at the time of sequestration.

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