Fraudsters steal $718,000 worth bitcoins from Armenian in Moscow

YEREVAN, June 29. /ARKA/. Russian law-enforcement authorities have detained a resident of the town of Korolev near Moscow on suspicion of embezzling bitcoins worth over 45 million Russian rubles (about $718 thousand), capost.media reported.

It said a 25-year-old Armenian native who works as an executive director for Business Network LLC, told the police that unknown people had promised to help him sell 103 bitcoins. The Armenian handed them the bitcoins in the premises of a bank.

The investigation was complicated by the fact that the Armenian could not remember the name and the location of the bank, or the fraudsters. After the transfer of the cryptocurrency, the criminals “disappeared from the radar”. The police succeeded in establishing the place where the bitcoins were handed.

A criminal case was instituted under Part 4 of Art. 159 of the Criminal Code of Russia “fraud committed in a particularly large amount.” On suspicion of embezzlement by deception, the 27-year-old director of the Center for Med Groups was detained. A Lublin district court placed him under house arrest. At the moment, an investigation is being conducted to establish all the circumstances of the case, as well as to find possible accomplices in the crime. -0-

spot_img

POPULAR

Euro and US dollar exchange rates against the Armenian dram have fallen, while the ruble has risen: Central Bank of Armenia

The average market exchange rate of the US dollar against the Armenian dram, as established in Armenia’s foreign exchange market on October 19, 2026, decreased by 0.98 points compared to October 16, settling at 361.36 drams.

Armenia’s Prime Minister Proposes Developing Stock Exchange Listings for the Country’s Mining Companies

Prime Minister of Armenia Nikol Pashinyan thinks that the mining sector should take the lead in developing institutions of public share ownership in the country, including through the listing of companies on stock exchanges.

Central Bank of Armenia to issue a commemorative silver coin dedicated to the “Symphony of Stones” natural monument

The Central Bank of Armenia will issue a commemorative silver coin on October 20, 2026, dedicated to the "Symphony of Stones" natural monument, the regulator announced.

Capital of Armenian Banks Reaches 2.32 Trillion Drams in January–September

As of September 30, 2026, the total capital of Armenian banks stood at 2.32 trillion drams.

Credit investments by Armenian banks exceeded 9 trillion drams in the first 9 months

As of September 30, 2026, credit investments by Armenian banks reached 9.01 trillion drams.

LATEST NEWS

spot_imgspot_imgspot_img