Preliminary Investigation of Criminal Proceeding with respect to Person who had Committed Theft of 10.9 Million AMD by Means of Computer, Completed

July 30, 2026

Preliminary investigation of the criminal proceeding initiated on computer-related theft in particularly large amount was completed with respect to one person in the Department for Investigation of Cybercrime and High Technology Crime of General Department for Investigation of Particularly Important Cases of the RA Investigative Committee. 

In the course of the preliminary investigation factual data were obtained on the allegation that learning about a technical flaw in the company's electronic application where the account balance was not verified when making transfers between accounts, K.Gh., with the direct intent to commit theft of another person's property, during the period from April 4 to April 8, 2024, unlawfully and without authorization provided by law, contract, or any other legitimate legal basis, entered data into a computer system by inputting instructions indicating the transfer of various amounts of money, falsely represented as being available, to the bank account opened in his own name with the company.

Subsequently, as a result of the above-mentioned technical flaw, a large amount of 10 million 907 thousand AMD was generated in the balance of his electronic wallet with the company and the bank account opened in his own name. This amount was then misappropriated by transferring it to other bank cards.

The criminal proceeding with the bill of indictment with respect to K.Gh. was referred to the supervising prosecutor. 

Note; Everyone charged with alleged crime offence shall be presumed innocent until proved guilty according to law.