Armenian NSS arrests two citizens suspected of selling counterfeit US dollars

YEREVAN, June 15. /ARKA/. Armenia’s National Security Service (NSS) said it has arrested two men who are suspected of selling counterfeit U.S. dollars.

According to NSS, two brothers and their relative had acquired 201 counterfeit dollars each with face value of 50 USD for sale, which is equivalent to 5.25 million Armenian drams.

Then, through an ATM of a commercial bank of Armenia, they converted 181 banknotes into drams, and the remaining 20 banknotes were given to another citizen for sale.

The 181 counterfeit banknotes were found and sent for examination, measures are being taken to establish a complete picture of what happened and the persons involved in the criminal scheme, the NSS said.

A suspect or accused of an alleged crime is presumed innocent until proven guilty according to a court ruling that has entered into legal force in accordance with the procedure established by the Criminal Procedure Code of Armenia. -0-

spot_img

POPULAR

New requirements for banks to manage risks of circumventing international sanctions come into effect in Armenia

YEREVAN, August 17. /ARКА/. As of August 12, 2026, new regulations for banks regarding the management of risks associated with evading international sanctions have been implemented in Armenia.

Armenia set to enhance development of its capital market, targeting large issuers and new investors

YEREVAN, August 20. /ARKA/. The Armenian government prioritizes diversifying funding sources and advancing the capital market to foster sustainable and productive economic growth.

“AGROVISION” CJSC’s bonds were listed on Armenia Stock Exchange

YEREVAN, August 17. /ARKA/.  Today, “AGROVISION” CJSC, a company operating in the agro-industrial sector, became a listed company on the Armenia Stock Exchange (AMX).

Acba Bank has issued over 1 million cards, solidifying its leadership in Armenia

YEREVAN, August 17. /ARKA/. For more than five years, Acba Bank has held the top spot in the Armenian card market. As of May 2026, the total number of cards issued by the bank surpassed 1 million, as reported by the bank's press service.

“Solis” CJSC’s bonds listed on Armenia Stock Exchange

YEREVAN, August 18. /ARKA/. The range of companies listed on the Armenia Stock Exchange (AMX) continues to expand, contributing to the development of the capital market and creating new opportunities for businesses.

LATEST NEWS

spot_imgspot_imgspot_img