Group engaged in illegal sale and purchase of foreign
currency revealed in Yerevan
16-03-2009 20:00:00 | Armenia | Economy
YEREVAN, MARCH 16, NOYAN TAPAN. The press center of the RA
National Security Service (NSS) issued a press release,
according to which an organized criminal group, which was
engaged in the illegal sale and purchase of particularly large
sums of foreign currency in Yerevan for a long time, has been
revealed. The group was composed of three residents of Yerevan:
V. Mikaelian, K. Zakarian and E. Galstian. The group members
exchanged foreign currency only by a preliminary agreement.
Foreign currency exchange points both in Yerevan and marzes, as
well as some citizens used the group's services. Employees of
some Armenian commercial banks were actively assisting the group
by exchanging large sums of foreign currency on beneficial
conditions and providing timely information on the exchange rate
of foreign currency. The NSS Investigation Department opened a
criminal case in connection with the fact. An investigation is
underway.