Prosecutor's Office solves transnational crime

12:30, 12.05.2023

Georgian General Prosecutor’s Office solved a transnational crime revealing facts of large-scale swindling and legalization of illegal revenues.

Two individuals and two legal entities were being probed.

The investigation determined that the crime gang posted a fake advertisement of a financial institution on the internet and misappropriated approximately USD 1,820,000, transferred to a specific bank account by US citizens. One of the charged persons later passed on the money to different countries.

Also, a foreign national registered an offshore company and opened the account of a French enterprise in a Georgian bank to seize the money.

The charged individuals face from 9 to 12 years in prison if convicted. The Prosecutor’s Office keeps on the investigation.

By - Elene Dobordjginidze

Justice/Crime

transnational crime