Private company

SIC

Bulgarian crime group

Security Insurance Company (SIC) is a Bulgarian criminal group engaged in drug trafficking, financial fraud, car theft, smuggling, extortion, racketeering and prostitution, using the cover of an official business in the insurance and alcoholic beverage sectors. On the other hand, SIC Bulgaria is a private investment company that invests primarily in the insurance and security sectors.2 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

Security Insurance Company (SIC) is a Bulgarian criminal group engaged in drug trafficking, financial fraud, car theft, smuggling, extortion, racketeering and prostitution, using the cover of an official business in the insurance and alcoholic beverage sectors. On the other hand, SIC Bulgaria is a private investment company that invests primarily in the insurance and security sectors.2

Sources

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