Criminal proceeding initiated with regard to the cases of swindling in particularly large amount by fraud, money laundering in particularly large amount, as well as tax evasion in particularly large amount as a result of creating false foundations by persons actually managing the operations of a number of companies is being investigated in General Department for Investigation of Economic Crimes and Smuggling of the RA Investigative Committee of the RA Investigative Committee.

In the course of preliminary investigation of the criminal proceeding decisions were made to initiate public criminal prosecution against 11 people. Detention was selected as a pretrial measure against 5 of them, absence ban was applied against 1, a decision was made to arrest 1 for the purpose of presenting him to court, search was declared against 4 people.

The criminal group formed within the framework of the criminal proceeding conducts simultaneous searches at totally 51 addresses of significant interest for investigation.