35-Year-Old Man Fraudulently Obtains Loans in Others' Names

A case of large-scale embezzlement through the use of computer technology is now in court. The information was provided by the Investigative Committee of Armenia, which added that the preliminary investigation has been completed.

Accordingly, a 35-year-old man utilized computer technology between July 14 and September 3, 2020, to set up electronic wallets in his name and the names of others using registered mobile phone numbers at various LLCs. Subsequently, he fraudulently obtained 26 loan agreements online through these wallets and embezzled a total of 3 million 205 thousand AMD that was deposited into the electronic wallets.

Additionally, in April 2021, the man conducted a correspondence on Facebook under a different person's name and deceitfully obtained the individual's phone number and the access code received for registering an electronic wallet. Afterwards, with the data from the electronic wallet registered in the victim's name, he secured a loan at one of the banks and embezzled 990,000 AMD using computer technology.

The 35-year-old man has been charged under Article 181, Part 2, Point 2 of the Criminal Code and Article 181, Part 3, Point 1 (theft committed through the use of computer technology). The preliminary investigation has been completed, and the criminal case has been forwarded to the court.