Prosecutor’s Office charges group with fraud, money laundering
Officers of the Prosecutor’s Office arrested a member of the group on Monday, with the individual set to face between six and nine years in prison. Photo: pog.gov.ge.
Tweet 
Share
The Prosecutor’s Office of Georgia has launched criminal proceedings against a criminal group for fraud and money laundering, the state body announced on Tuesday.
The body said its investigation had established the group, pretending to operate on behalf of Eurobank Cyprus, had communicated via phone with a Latvian citizen, a past victim of fraudulent online commerce, to make a fake offer on returning the money lost in the incident.
Promising the target the return of the sum and extra profit in the deal, the group fraudulently embezzled €34,000 from the individual before placing the money into bank accounts under its control.
Officers of the Prosecutor’s Office arrested a member of the group on Monday, with the individual set to face between six and nine years in prison.
The state body said a wider investigation was underway to identify the other members of the group.
Five individuals have been arrested, with wider proceedings launched against a group of 17 persons, by the Prosecutor's Office and interior ministry for extortion of tens of millions of GEL from foreign citizens and money laundering.
The Prosecution Service of Georgia has launched criminal proceedings against seven individuals and two legal entities for fraud and legalisation of illicit income, the state body announced on Monday.
A total of 46 call centres operating in Georgia have suspended their activities while being investigated by the Ministry of Finance for alleged “illegal activities”, Lasha Khutsishvili, the Finance Minister of Georgia, said on Monday.
Kutaisi City Court in Georgia’s west has charged an individual with fraudulent embezzlement of money from citizens using false pretenses, including a promise of releasing a prisoner from detention, the Prosecutor’s Office said on Wednesday.
The Prosecution Service of Georgia has launched criminal proceedings against three legal entities and an individual for fraud and money laundering, the state body announced on Monday. The body said its investigation had established the “transnational organised crime group” had fraudulently embezzled about $2 million from the Director of a Hong Kong-based company.
The Central Criminal Police Department of the Georgian Interior Ministry has arrested 12 individuals in Tbilisi and other regions of the country for group fraud and embezzlement, the MIA said on Wednesday.
A foreign citizen has been sentenced to six years in prison for money laundering after Tbilisi city court accepted evidence submitted by the prosecutor general’s office of Georgia in the case.
The prosecutor general’s office of Georgia on Wednesday announced Vazha Meladze, the founder of Meladze Interior furniture company who has been charged with money embezzlement, was wanted by the country’s law enforcement.