Investigative Committee of Armenia intends to fight bank fraudsters together with  Central Bank

YEREVAN, May 12. /ARКА/. Armenia’s Investigative Committee, together with the Central Bank, are set to develop a string of tools and mechanisms that will help prevent fraudsters from stealing citizens’ money, the head of the Investigative Committee Artur Poghosyan said today in parliament.

He said a special commission was created, which is currently working on solving the problem. ‘Research has shown that most of these transactions are carried out through several banks and very often, the fraudstaers are outside of Armenia,” Poghosyan noted.

He noted that the Investigative Committee has a separate specialized unit that investigates various types of cybercrime.

“Recently, we have received many signals and initiated numerous criminal cases involving bank fraud. A number of cases have already been solved, and the Investigative Committee regularly publishes information on the results achieved. In cases where members of criminal groups were located in Armenia, we have achieved good results – criminal prosecutions are underway, cases are being referred to court. However, analysis shows that the key figures are outside the country,” Poghosyan said.

He also added that recently, in the process of cooperation with colleagues from other countries, crimes committed abroad have been identified in which Armenian citizens were involved.

In recent months, cases of banking fraud have become more frequent in Armenia, in particular, fake announcements on social networks allegedly of banks invite citiznes to obtain loans remotely.

In this regard, Deputy Chairman of the Central Bank Armen Nurbekyan said that in the context of the fight against banking fraud, the issue of tightening some identification requirements for online loans, is being discussed, including fraud insurance mechanism.-0-

spot_img

POPULAR

IDBank and Idram conducted financial literacy course for children in Lori region

IDBank and Idram have organized a financial literacy course for children residing in the village of Vahagni and nearby areas in the Lori region.

External shocks are having little impact on Armenia so far, but investor caution will grow – INTERVIEW

Amid the S&P 500's worst quarter since 2022, rising global anxiety, and persistent geopolitical uncertainty, investors are increasingly asking whether this is a temporary market reaction or a deeper shift in investment logic.

Unibank joins the Partnership for Carbon Accounting Financials (PCAF)

Unibank has joined the Partnership for Carbon Accounting Financials (PCAF), reinforcing its commitment to integrating climate considerations into its financial activities and improving transparency around emissions.

Unibank to participate in Leasing Expo 2026 with a special offer

From April 10–12, 2026, Unibank will participate in Armenia’s largest international exhibition for leasing and financial solutions, offering visitors favorable conditions.

Euro to Armenian dram exchange rate jumped by 5.36 drams, while the dollar and ruble rose slightly: Central Bank of Armenia

The average market exchange rate for the US dollar to the Armenian dram, determined on the Armenian foreign exchange market as of April 1, 2026, increased by 0.07 points compared to March 31, reaching 377.23 drams.

LATEST NEWS

spot_imgspot_imgspot_img