The office of prosecution of Georgia spearheaded its fight against ant-social elements. The official of prosecutor office has now arrested three accused for fraud and money laundering.
It is worth noting that officials have launched this operation across country jointly with many law enforcement agencies.  Many persons have been arrested  for illegal financial activities.
As per the information received from office of prosecutor general, this joint operation was conducted in coordination of the State Security Service (SIS) and the Investigation Service of the Ministry of Finance. This joint operation has led to arrest of three individuals for fraudulently embezzling a large amount of money and legalizing illegal income.
The investigation in this regard was conducted by law enforcement agencies of Georgia. This information from office also revealed that within the framework of the law about criminal cases Investigation was being done by Department of the Prosecutor General’s Office of Georgia since 2022.
Now the Prosecutor’s Office based on the relevant court ruling, seized several million GEL belonging to the persons involved in the crime and seized expensive real estate owned by them.
The detainees took advantage of the situation and in the period of 2021-2022 on behalf of high-ranking officials of various agencies under the false promise of protecting criminal activity.
The official of prosecution office after this deep investigation at the Prosecutor’s Office gradually and fraudulently confiscated 2,460,000 USD from one of the organizers of the crime. Law enforcers seized their assets and confiscated illegally acquired and divided.
Subsequently, for the purpose of money laundering by dividing the fraudulently acquired funds and disguising their illegal origin, the detainees acquired expensive real estate and movable property in the names of themselves, family members and relatives, thereby legalizing a particularly large amount of illegal income.
As part of the ongoing investigation, expensive properties purchased with the defendants’ criminal proceeds and funds in their bank accounts were seized. The law enforcers said they are expecting more details during ongoing investigations.
