Investigation Service of the Ministry of Finance of Georgia is carrying out intensive investigative activities to expose facts of the creation and usage of counterfeit assets in the value-added tax through the falsification of tax documents.

As a result of operative-searching and investigative activities, employees of Investigation Service, on the basis of a Judge's ruling, detained four persons on the fact of production and use of forged tax documents and property damage by deceiving the property owner, by the group.

Investigation revealed, that the accused persons, who were the heads of various companies, in order to obtain illegal material benefits, using fraudulent tax documents, customs cleared petroleum products imported to Georgia, by artificially created counterfeit assets, causing a loss of more than GEL 3,500,000 to the state. 

Investigation is underway under the second part of Articles 210 and 185 of the Criminal Code of Georgia, which envisages imprisonment from 4 to 7 years.

During the investigation, the real estate and bank accounts of the accused persons were seized based on the judge's ruling.

Relevant measures are being taken to identify other persons involved in the crime.