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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-

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