ArmInfo. Armenian National Security Service informs about shown up cases of illegal business by Iranian citizens in Armenia and currency trading without a license.
According to Armenian NSS press-center, comparing to the obtained sufficient evidence it was based that three Iranian citizens purchased three terminals from the Iranian banking system, installed them in rented areas in Yerevan, connected via Internet to their bank accounts in various Iranian banks. Then, without a license, they took up private business and currency exchange. The amount of commission was 1-5%. The amounts were transferred from the cards acting exclusively at the territory of the Islamic Republic of Iran to the accounts, and in Yerevan, customers were paid in AMD or USD.
"Within the investigation, it was found that in 2016-17, in Armenian banking system shift, deals were made for about 580 million AMD," the department's statement reads.
One citizen compensated the damage to the state and was released from criminal liability in accordance with the provisions of the law. He was charged under Part 1 of Article 188.1. A decision was made to involve them as defendants in respect to two more citizens of the Islamic Republic of Iran.