Russia extradites fraudster to Armenia 

ArmInfo.  As a result of measures taken by Armenian law enforcement agencies, a citizen wanted for approximately 11 years was found and arrested in the Russian  Federation. He was extradited to the Republic of Armenia on June 18,  2026. This was reported in a statement by the RA Investigative  Committee.

According to the source, during the preliminary  investigation of the criminal case, initiated on September 28, 2013,  and the evidence collected as a result of investigative actions, it  was confirmed that a number of citizens of the Islamic Republic of  Iran and the Republic of Armenia, with the aim of fraudulently  appropriating a total of 10 million 980 thousand euros transferred to  a bank operating in the Republic of Armenia, in accordance with a  preliminary agreement reached with the head of the bank and his  deputy, put into circulation forged loan agreements and bills of  exchange, allegedly drawn up between companies, on the basis of which  1 million euros from the said amount stored in the bank was first  transferred to the account of a company managed by one of the members  of the criminal group, and then to the account of the company opened  in the bank. Then, based on forged documents in circulation, the  remaining portion of the aforementioned amount, 9 million 980  thousand euros, was transferred to the account of another related  company on October 3, 2012, and then to the bank account of this  company in March 2013. Part of the amount was then cashed and the  rest was transferred to the bank accounts of individuals involved in  the criminal scheme. As a result, from August 2012 to March 2013, the  aforementioned individuals, using forged documents, fraudulently  appropriated an especially large sum of 10 million 980 thousand  euros, which is equivalent to 5 billion 804 million 577 thousand  drams, the source and true nature of which they concealed, committing  money laundering on an especially large scale. On January 27, 2015,  they were charged under Part 2 of Article 325 of the Criminal Code  adopted on April 18, 2003 (forgery, sale, or use of documents), Part  1 of Article 178 of the Criminal Code (large-scale fraud), and Part 1  of Article 190 of the Criminal Code (large-scale money laundering),  and a search warrant was issued for them.

As a result of measures taken by law enforcement agencies of the  Republic of Armenia, the citizen, who had been wanted for  approximately 11 years, was found and arrested in the Russian  Federation. On June 18, 2026, he was extradited to the Republic of  Armenia.  During the preliminary investigation, a new public criminal  case was initiated against him. House arrest was imposed as a  preventive measure.

The criminal case against him has been transferred to a supervisory  authority with an indictment. 

Recalled that the criminal case against A.K. and M.E., who were  involved in the aforementioned criminal scheme, was transferred to  court with an indictment back in 2014, as a result of which the  latter were sentenced to imprisonment.