In 2019 N.G. and N.H., at the latter’s father’s offer, fօunded the company “One Card” within the framework of which they advertised the goods and services offered by various business entities through a mobile application called "One Card LLC" that works with the "android" and "ios" operating systems, as well as social sites.

Particularly, mobile application users were able to make transfers between accounts generated in the system. It was also allowed to deposit and withdraw funds from accounts managed by K.H., N.H. and N.G. via the payment and settlement system, bank cards, electronic wallets and crypto currency, during which the beneficiary of the software application was charged from 8 to 16 percent of the circulating amount for each transaction, generating and putting into circulation an electronic currency called "crypto one" at an exchange rate of 2 AMD without a proper license.

As a result, the group members presented the "crypto one" electronic currency as a real investment opportunity through an advertising campaign in an illegitimate financial system, with the promise of one percent profit per day.

Thus, as a result of the measures taken by the criminal group a financial pyramid with participation of more than 10.000 investors was created, in which particularly large amounts of monetary and property resources equivalent to at least 100 million AMD were involved.

In order to further activate investment flows, the coordinators of the alleged financial pyramid disseminated a message on social networks that the exchange rate of the organization's conventional unit would increase from 2 to 3 drams. However, after ensuring a new investment flow and actually taking possession of the property funds received, they abruptly changed the previously promised conditions and reduced the exchange rate of the unit with the conditional name "crone" by several hundred times, wiping out the financial resources of many people who had made investments.

Public criminal prosecution was initiated against K.H., N.H., N.G., I.P. and A.G. according to the Points 1and 3 of the Part 3 of the Article 282 of RA Criminal Code.

Absence ban was selected as a pretrial measure against them.

The criminal proceeding with the bill of indictment was sent to the prosecutor for approval and referral to court.