Prosecution Service charges four with money laundering
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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 group convinced the Director of prospects of profitable investments through purchasing shares of well-known enterprises, the Service said, and received about $1,906,263 from their target.
They subsequently transferred the sum to bank accounts of three enterprises owned by them and other individuals related to the group in Georgia.
The offenders face up to 12 years in prison.
The Prosecutor’s Office of Georgia has charged two individuals for appropriation of 239,450 GEL (about $74,000/€67,400) from Khalik Bank Georgia through a fraudulent scheme.
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.
Georgian law enforcers of the Central Criminal Police Department of the Ministry of Internal Affairs (MIA) have detained 11 individuals for helping embezzle €620,000 belonging to German, Austrian, Chinese, Dutch and Norwegian citizens.
Head of the Programs and Services Agency of the Autonomous Republic of Abkhazia’s Finance and Economy Ministry has been detained for the misappropriation of budget funds.
The Revenue Service of the Georgian Finance Ministry has recorded 70 cases of violations in procedures for using the national currency across Georgia over the last seven months, the Revenue Service of the Ministry said on Friday.
The employees of the cybercrime division of the Georgian interior ministry have arrested four and charged eight individuals with fraud, legalisation of illicit income and unauthorised access to the computer system, the ministry announced on Sunday.
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.
Georgian police officers have arrested four individuals for hacking into a computer system for financial gain and theft, the Georgian interior ministry said on Friday.
The Prosecution Service of Georgia on Friday said its Criminal Prosecution Division had detained the former Financial Director and two employees of the Central Republican Hospital in the Georgian capital city of Tbilisi for fraudulent misappropriation of “a large amount of money belonging to the state” and exceeding authority.