The Georgia prosecutor’s office has charged one person with fraud. The accused embezzled large sums of money on false promises.
It is to be specifically mentioned that the Prosecutor’s office has already launched a drive against anti-social elements. Last year, many accused were also booked for financial fraud under different sections of Georgian criminal laws.
The law enforcement agency has received the information regarding this incident. Soon after the intial report of crime intial invesigation was ordered .
It is to be noted that the investigation has found that on January 30, 2023 the accused founded the “Caucasus Transport Company 2019” LLC(Limited Liability Company). The accused established this company to fraudulently obtain a large amount of money from innocent people.
After forming this company he posted false statements about the delivery of vehicles on the Internet in the company’s name. At the same time the defendant also signed purchase agreements with citizens for the delivery of such vehicles.
It is to be further added that on the basis of these false agreements he undertook to hand over the selected cars to their owners but he never delivered any vehicle to people. After this the accused got possession of 653,181 GEL in an illegal way and he fled away to evade legal liability also.
Now the law enforcement agencies have charged him under various relevant provisions of Georgian law. He has been booked with Article 180, Part 3, Sub-paragraphs “a” and “b” of the Criminal Code of Georgia (fraud committed by using official status, in a large amount). These provisions of the law also provide for imprisonment from 6 to 9 years if found guilty.
To bring the accused to justice, the court ordered the accused to be imprisoned in absentia as a preventive measure whenever he was arrested.
On the other hand officials of the prosecutor’s office said that large-scale search operations are underway to nab the accused as soon as possible. The office also warned the people to be aware of such people who commit such financial fraud on the name of fake promises.
