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23.01.25, 10:24

Members of Transnational Criminal Organization Stole Financial Means in the Amount of about 810 Million AMD

Members of Transnational Criminal Organization Stole Financial Means in the Amount of about 810 Million AMD

Between March, 2022 and December, 2023 a group of RA and foreign citizens created and managed a transnational criminal orgaization committing theft by means of computer in particularly large amount. At least 144 members, including minors were involved in the criminal organization.

In the course of preliminary investigation apparent factual data were obained on the allegation that those involved in the criminal organization created and redirected websites with fake content, carried out advertisements on social networks, rented office areas, in order to conceal criminal activity, they frequently created and changed fictitious company names and bank account numbers used for making money transfers, used foreign virtual phone numbers, polygraph tests were conducted on newly hired employees,  the employees were given pseudonyms and serial numbers to avoid exposing employee data, the latters were instructed on appropriate rules of conduct in case of possible problems, mechanisms for destroying electronic data and other media were installed and operated

So, the members of the crminal organization, establishing contact mainly with residents of European countries and introducing themselves as employees of a prestigious and highly profitable international investment company powered by artificial intelligence, committed theft by means of computer.

After misleading the victims and building their trust, the members of the organization directed them to transfer various amounts of money to the accounts they managed.

As a result, the members of the criminal organization received a real opportunity to manage and use 1404 victims’  financial means in particularly large amount, in the amount of 810 million 71 thousand 577 AMD.  

Public criminal prosecution was initiated against a head of the criminal organization according to the Point 2 of the Part 2 of the Article 318, the Points 1 and 3 of the Part 3 of the Article 257, the Points 1 and 3 of the Part 2 of the Article 285, the Points 1 and 3 of the Part 3 of the Article 296 of RA Criminal Code. Public criminal prosecution was initiated against another head of the organization according to the Part 1 of the Article 318, the Points 1 and 3 of the Part 3 of the Article 257, the Points 1 and 3 of the Part 2 of the Article 285, the Points 1 and 3 of the Part 3 of the Article 296 of RA Criminal Code, and against 16 members – according to the Part 1 of the Article 319 and the Points 1 and 3 of the Part 3 of the Article 257 of RA Criminal Code.

The criminal proceeding with the bill of indictment was sent to the prosecutor.

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