The group set up companies and call centers throughout Georgia. They created e-commerce platforms to enhance credibility, alluring victims with lucrative financial deals. This is how they allegedly embezzled “several million Swiss francs belonging to citizens of the Swiss Confederation,” read the statement. To facilitate the laundering of the fraudulently acquired funds, the suspects reportedly transferred them to their bank accounts and then invested them in real estate. The suspects’ real and movable property, valued at up to five mill, was seized.
Source: Written by Zdravko Ljubas, 2024-02-07; https://www.occrp.org/en/daily//en/daily/18447-georgia-busts-fraudulent-call-center-ring