Finance Ministry investigators charge two for defrauding foreign citizens
The offences are punishable by imprisonment between nine and 12 years. Photo: Investigation Service of Georgia’s Finance Ministry
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The Investigation Service of Georgia’s Finance Ministry on Thursday said it had arrested two individuals for operating a fraudulent scheme to illegally acquire a “large amount of money” from individuals living abroad.
The Service said its investigation had found the offenders, together with other members of the scheme, had established a trading platform before offering the citizens of foreign countries investment through transfer of their funds to the accounts operated by the scheme.
The body said the individuals fraudulently acquired about ₾340,000 ($125,941) from a foreign citizen who transferred money to the bank accounts.
It also noted investigators seized information containing personal data of foreign citizens during a raid on a “call centre” facility in Tbilisi, adding an investigative efforts were ongoing to identify other individuals involved in the crime.
The offences are punishable by imprisonment between nine and 12 years.
The Prosecutor's Office of Georgia on Tuesday said it had charged five foreign and two Georgian nationals for operation of a fraudulent scheme to illegally acquire a “large amount of money” from individuals living abroad.
The Investigation Service of Georgia’s Finance Ministry has charged one individual for purchase and sale of illegally acquired property, production and use of forged tax documents and money laundering, the state body announced on Thursday.
The Investigation Service of Georgia’s Finance Ministry on Wednesday said it had arrested two out of four individuals charged for attempted misappropriation of property from a foreign citizen using forged documents.
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