Director of ‘Davinci’ Travel Agency Accused of Committing Major Fraud

The investigation into the apparent fraud case involving the ‘Davinci’ Ltd travel agency continues at the Serious Crimes Investigation Division of the Yerevan Investigative Committee, as reported by the Armenian Investigative Committee's Information and Public Relations Department.

On August 12, 2021, reports were received from a group of citizens stating that they had transferred money to the account of the ‘Davinci’ Ltd travel agency for organizing a holiday in Egypt, yet the agency had failed to make any reservations.

Criminal cases were initiated by the Central Division of the Armenian Police under the second part of the second point of Article 178 of the Armenian Criminal Code, which were combined into a single proceeding.

As a result of extensive investigative and procedural actions undertaken during the investigation, as well as immediate measures conducted in cooperation with the Armenian Police, the director of the travel agency was identified and presented to the prosecuting authority.

He has been charged under the first point of the third part of Article 178 of the Armenian Criminal Code. A motion has been submitted to the court to select pre-trial detention as a measure of restraint against him, which has been approved. The investigation is ongoing.

Measures are being taken to clarify all circumstances of the case, ensure an objective and comprehensive investigation, and identify any other potential victims from the actions of the travel agency.

Notice: The suspect or accused in the alleged crime is considered innocent until proven guilty by a court’s final judgment in accordance with the Armenian Criminal Procedure Code.