Prosecutor’s Office of Georgia Uncovers Transnational Money Laundering Crime
1759226011
The Prosecutor’s Office of Georgia has uncovered a transnational crime related to money laundering. Criminal prosecution has been initiated against a foreign citizen and a legal entity, the office reported.
According to the information provided, an investigation conducted by the Prosecutor’s Office’s specialized unit established that in 2022, individuals connected with the defendant, acting on behalf of a contractor company of an enterprise operating in the Kingdom of Spain, contacted the company and, using a fake email address resembling a genuine one, sent a fraudulent invoice. On this basis, they deceived the company into transferring payment for completed work — totaling €545,784 — to a foreign bank account of a non-resident company.
After this, for the purpose of money laundering, the unlawfully obtained funds were divided and transferred from the non-resident company’s bank accounts to different countries — into bank accounts controlled by members of the criminal group. Among these, part of the illegally obtained funds — €184,353 — was transferred, on the basis of fake invoices and contracts, to the bank account of a company established and managed by the defendant in Georgia.
