Throughout the 1990s the soldering of politico-military interests and mafia investment represented the fortune of the entrepreneurs of violence in all former Yugoslav territories. Although dismissing these complex and somewhat obscure processes as “the inevitable side effects of all wars” may be tempting, this would seriously prejudice our understanding of the cycle of Balkan wars that concluded the twentieth century. Moving from this insight, the following analysis is an attempt to delve into these processes, bringing them back into the main picture out of which they have often been relegated.