Three arrested for using counterfeit money in Georgia
Overall, the investigative service confiscated 4,150 GEL from the detained men. Photo: Ministry of Finance.
Tweet 
Share
The Ministry of Finance’s Investigative Service has detained three men for using counterfeit currency in East Georgia today.
The Investigative Service discovered that the detained individuals used counterfeit money (200 GEL) at shops in Kakheti, in the east of Georgia. They later allegedly used 100 and 50 lari banknotes in Tbilisi and the Shida Kartli region.
Overall, the investigative service confiscated 4,150 GEL (USD 1,554) from the detained men.
If the detained men are convicted, they could face a prison sentence of four to seven years.
Two Turkish nationals have been detained by the Investigative Agency of the Ministry of Finance of Georgia for the possession and sale of counterfeit money in large quantities.
The National Bank of Georgia (NBG) is making further changes in its regulations, guaranteeing better secured services for the customers.
New rules has come into play for currency exchange street vendors in Georgia to ensure customers are better protected from currency-related manipulations.
A Turkish court has acquitted five footballers of the FC Tskhinvali team for theft.
Georgian police have detained two for using a large amount of counterfeit $100 bills today. Police have reported that they brought the banknotes from Turkey and used them in the region of Adjara, in western Georgia.
One was arrested for attempting to misappropriate another person’s money several days ago. Police reported that the detainee promised an Iranian national to help obtain a Georgian ID card and passport in exchange for $7000. Initially, the detainee received 440 GEL (about $153) from the citizen of Iran. Afterwards, police officers detained him.
Georgian police have detained one individual for falsifying tax documents in the region of Kvemo Kartli several days ago. Police report that the detainee falsified a VAT (value added tax) invoice and bill of sale to show that he supplied materials worth 96,000 GEL ($30,664/€27,533) to several companies.
Police have detained one individual for falsifying a medical diploma several days ago. Police report that the detainee, who was a director of a vocational education institution, falsified a medical diploma and gave it to another person in exchange for 950 GEL ($322/€290).
One Turkish citizen has been detained for smuggling and using fake currency, announces the Investigation Service of the Ministry of Finance.
Two foreign nationals have been detained by the Investigative Agency for the Ministry of Finance of Georgia for for sale of the counterfeit €500 bills in Georgia.
The Turkish citizen has been detained for the possession and sale of counterfeit money, says the State Security Service of Georgia. The detainee sold $4,200 in counterfeit bills to a Nigerian citizen living in Georgia in exchange for $2,100.
The Investigation Service of the Ministry of Finance have arrested one individual for selling counterfeit money in large quantities.
The investigation service of the Georgian ministry of finance has arrested one individual for selling counterfeit money in large quantities, the state body said on Thursday.
The Investigative Service of the Finance Ministry of Georgia on Monday said it had revealed fraudulent appropriation of ₾330,097 ($122,000) in state funds and use of forged documents by four individuals involved in roadworks in the west of the country.