Officers from the Investigation Service of the Ministry of Finance, in coordination with the Prosecutor’s Office of Shida Kartli and Mtskheta-Mtianeti regions, have detained one Azerbaijani citizen and two Belarusian nationals on suspicion of engaging in illegal entrepreneurial activities.

The investigation revealed that the individuals, seeking to obtain financial gain, operated without registration with the National Bank of Georgia. They exchanged virtual assets in Batumi and Tbilisi and generated income through currency conversions.

The Revenue Service has confiscated USD 246,975, GEL 103,210, EUR 1,705, as well as other foreign currencies.

The investigation is being carried out under Article 192 of the Criminal Code of Georgia, which stipulates a sentence of three to five years’ imprisonment if convicted. Authorities continue their efforts to identify and apprehend any additional accomplices.