Large Sums of Money Stolen from Several Individuals, Money Laundering Executed: Details

The Armenian Investigative Committee's Department for Major Crimes is investigating cyber crimes and high-tech crimes, revealing that between February 2021 and March 2024, V.S. and D.G. created fake individual pages on Facebook using photos of compatriots mainly residing in the USA. They posed as friends and relatives of these individuals and demanded money under various pretenses.

As a result, V.S. and D.G. stole a total of 686,320 AMD to their previously created electronic wallets and bank cards. Furthermore, during the period from 2021 to 2023, V.S. and D.G., having reached preliminary agreements, distorted the source of purchasing particularly large assets, legalized those assets, and avoided criminal liability for their thefts, engaged in money laundering amounting to 10,542,500 AMD.

Public criminal proceedings have been initiated against V.S. under Article 255, Part 2, Points 1 and 3 of the Criminal Code (large-scale fraud committed by a group of people upon prior agreement) and Article 296, Part 3, Point 3 (particularly large-scale money laundering). The criminal proceedings against him have been sent to the supervising prosecutor with an accusatory conclusion.