As a result of operative-searching and investigative activities, representatives of the Investigation Service of the Ministry of Finance of Georgia detained M.M, citizen of a foreign country on the fact of fraudulent misappropriation of money belonging to another person in large quantities by manufacturing and using forged official documents.
Investigation determined that the accused person M.M, who was the head of one of the companies, engaged in the sale of real estate, made an agreement with a foreign investor, interested in starting a business in Georgia, that he would provide him with the services in obtaining construction permits on specific land plots and in preparing the relevant accompanying documents. After this, in order to acquire a large amount of funds by deceit, as if the mentioned services were performed, the accused person, with the help of other persons, prepared forged official documents - architectural and engineering communications projects, geological conclusions, as a result of which he fraudulently misappropriated large amount of money belonging to the customer, with the total amount of USD 707 449.
Investigation is underway under the 2nd part of Article 362 and the 3rd part of Article 180 of Criminal Code of Georgia, which envisages imprisonment from 6 to 9 years.
Investigation is being continued in order to identify and expose other persons involved in the mentioned crime.