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The Gal Barak Case – Bulgarian media report about victims, luxury lifestyle, and real-estate investments

Last updated on October 17, 2019

The criminal case involving the broker scam of the Israeli Gal Barak and his wife Marina Barak (formerly Marina Andreeva) continues to spread. One of his partners, the German Uwe Lenhoff, was arrested at the beginning of the year and is currently in custody in Germany. An EU arrest warrant has been issued against Gal Barak. He resides currently in Sofia, Bulgarian, where he and his wife invested in several real estate projects. With the money stolen from retail investors across the EU.

The Austrian authorities are coordinating the EU investigations and have requested the extradition of Barak. Barak and his lawyers are opposing the extradition. For good reasons! The proceedings are in progress. Now Bulgarian media report that Barak also allegedly harmed Bulgarian retail investors. The media are also reporting on the luxury life of Gal Barak and his properties.

According to the newspaper report, Barak has managed to stop the investigations against him in Bulgaria. His political relations and payments to influential people around the government contributed to this, according to the media. The Bulgarian opposition protests and has the media on its side. The extradition of Gal Barak is likely to become a political battle in Bulgaria, an EU country.

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