Prosecutor's Office launches case against two individuals for fraudulently taking large amount of money from French company
The Prosecutor's Office of Georgia says it continues the investigation and international cooperation to identify the members of the criminal group. Photo: Nino Alavidze/Agenda.ge.
Tweet 
Share
The General Prosecutor's Office of Georgia has uncovered a transnational fraud scheme and launched criminal prosecution against two individuals.
On behalf of the representative of an American airline the members of the criminal group sent a fake invoice to a French company asking for $450,000 to be sent to the account of a business established by G.J. in Georgia.
Part of the fraudulently obtained funds ($30,000) was withdrawn by N.Kh. and G.J. from the bank account of the enterprise, which was distributed among the members of the group in accordance with a previously agreed percentage", says the General Prosecutor's Office.
The General Prosecutor's Office says that another part of the amount obtained from criminal activity, which totals $420,000, and was frozen during the investigation, will be returned to the affected company after a final judgment.
The crime is punishable by six to nine years in prison.
The Prosecutor's Office of Georgia says it continues the investigation and international cooperation to identify the members of the criminal group.
Minister of Finance Ivane Matchavariani presented a new initiative earlier today to reduce money laundering risks related to gambling in Georgia.
The General Prosecutor's Office of Georgia is investigating a potential money laundering case concerning transactions worth tens of millions of US dollars in various currencies. As part of the investigation the officers of the General Prosecutor's Office of Georgia searched several objects in Tbilisi to confiscate documents and electronic devices.
Three Georgian banks – TBC Bank, Bank of Georgia and ProCredit Bank – have been named in the FinCEN Files investigation into suspicious global money laundering which was published over the weekend. The FinCEN Files are leaked documents from the Financial Crimes Enforcement Network (FinCEN), that were investigated by the International Consortium of Investigative Journalists (ICIJ), and published on September 20, 2020.
The US Department of Justice has praised the 'significant assistance' provided by the Office of the Prosecutor General of Georgia in seeking forfeiture of more than $20 million in assets relating to unlawful use of the US financial system to evade and violate the Iranian sanctions, says the US Department of Justice.
The Georgian police have detained the owner of Scarpa lounge bar in Tbilisi for defrauding tourists. The individual, identified only as L. M. and born in 1989, together with his employees were replacing orders to extort more money from their clients.
The General Prosecutor's Office of Georgia has charged two individuals, an owner and an employee of a restaurant located on Aghmashenebeli Avenue in the Georgian capital city of Tbilisi, for defrauding tourists. The owner and an employee of the restaurant ordered a large amount of expensive drinks and food without the consent of the clients, which they did not actually deliver to the customers.
The Prosecutor’s Office of Georgia has launched criminal prosecution against three individuals for fraud and money laundering committed against British and French citizens, the state body announced on Thursday.
Customs officers of the Georgian Revenue Service seized about $95,000 in undeclared money at airports in the capital of Tbilisi and the northern Kazbegi region, the state service announced on Friday.
The Prosecutor’s Office of Georgia has charged a Turkish businessman for illegal purchase and possession of “especially large amounts” of drugs in Georgia’s Black Sea city of Batumi, the Office said on Thursday.
Customs officers of the Georgian Revenue Service seized about $18,060,000 in undeclared money at Batumi and Kutaisi airports in Georgia’s west and the northern Kazbegi Customs Checkpoint, the state service announced on Friday.