Armenia’s Prosecutors Initiate Investigation into theft of 3.7 million drams ($9,500) by using fake credit card

YEREVAN, April 4. /ARKA/. Armenia’s prosecutors have initiated investigation into the theft of about 3.7 million drams ($9,500) by using a fake credit card. The office of prosecutor general said in a statement the investigation was launched after an Armenian citizen reported a theft of money from his account.
A study revealed that during a period from 23rd to 28th June 2010 an unknown person in China made 39 transactions through a POS-terminal withdrawing from the citizen’s account, identified as  K. Petrosyana, 3.7 million drams.
To conceal the origin of the stolen money, the same unknown person used the stolen money to buy goods. The statement said the transactions were made by a person identified as Vitaly Ismailov.
The Armenian prosecutors opened a criminal case on several accounts of the criminal code – large-scale theft,  legalization of illegally raised proceeds and manufacturing or sale of counterfeit payment instruments. The investigation is being handled by the National Security Service.
The statement said K. Petrosyan reported the theft to prosecutors after watching a TV program about forged bank cards.  -0-

spot_img

POPULAR

Moody’s Affirms Armenia’s Rating at Ba3 and Improves Outlook to Positive

The international rating agency Moody's Ratings has revised the outlook on Armenia's sovereign rating from stable to positive, affirming its long-term issuer ratings in both local and foreign currencies at Ba3.

World Bank does not see significant risks in Armenia’s public debt rising to 50% of GDP

Armenia's public debt could increase to approximately 50% of GDP by the end of 2026, but the World Bank does not view this level as a significant threat to the country's macroeconomic stability, said Armine Manukyan, Senior Economist at the World Bank.

It is now possible to register in Unibank’s mobile application through imID as well

Unibank continues to expand its digital service capabilities by offering customers another convenient option for registering in the UNIMobile application.

Moody’s Upgrades Unibank’s Rating Outlook to Positive and Affirms B1 Long-Term Deposit Ratings

Moody’s Ratings has affirmed Unibank’s long-term deposit ratings at B1, as well as its b2 BCA and Adjusted BCA.

How much do Armenian banks transfer to the budget for every dram of profit? Armbanks ranking

In the first half of 2026, 17 commercial banks in Armenia transferred 116.16 billion drams in tax and customs payments to the state budget.

LATEST NEWS

spot_imgspot_imgspot_img