Tag: Regent Capital

“The Price of the Loan”: A Witness Statement Alleges a €2M Kickback Structure at Collapsed Bulgarian FIB

Corruption tamir - February 4, 2026

A bilingual witness statement describes an alleged “pay-to-borrow” mechanism at First Investment Bank (FIB): a €9.5 million loan tied to a forced €2 million purchase of a seemingly unrecoverable claim. An insider draft frames the transaction as a deliberate leverage tool in the broader Stoyan Staykov and Regent Capital ecosystem. We map what is alleged, what is verifiable, and what regulators should now demand.

$8 Million to Panama – Is the Staykov Network Laundering Money Through Alpha Fund?

Money Laundering tamir - September 2, 2025

On April 1, 2025, Alpha Fund AD – a Bulgarian investment vehicle linked to controversial figure Stoyan Staykov – approved an $8 million capital injection into Canal Bank S.A. in Panama. At first glance, the deal appears routine. But a deeper look reveals hallmarks of a capital-shifting operation typical of transnational money laundering. The deal, signed by Alpha Fund’s executive Rumen Nanov and executed via Sofia-based Faktori AD, raises serious red flags.

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