Criminal case initiated in General Department of Fight against Organized Crime of the RA Police on the base of RF citizen’s application was received in the proceeding of Yerevan Investigative Department of the RA Investigative Committee.

In the result of discussion of RF citizen’s application received online in the Police it was found out that an organization which is a financial pyramid was established at the area of the Republic of Armenia and is managed by an unknown person.

Through materials prepared on the base of the application a criminal case was initiated according to the Part 1 of the Article 189.1 of RA Criminal Code.

According to initial results of examinations the organization had an arrangement on pecuniary benefit for travelling packages. Particularly, by compulsory purchase of a hotel reservation package the person becomes a net member. Then he tries to involve other citizens in the mentioned net offering them to buy a hotel reservation package. As a result, he receives points which later turns into money.

Within the criminal case searches were conducted, as prescribed by law, in the residences of persons found out through the criminal case and those actively involved in the organization’s activity.

Investigation is conducted. Measures are taken to provide the comprehensive, complete and objective investigation, to identify the person (persons) having committed the alleged crime and to give appropriate criminal legal assessment to their actions.

Note; Everyone charged with alleged crime offence shall be presumed innocent until proved guilty according to law.