People who have Invested in Program «City Bike» and are Deprived of Opportunity to Cash out Money are Asked to Contact the RA Investigative Committee
Within the framework of the criminal proceeding conducted pursuant to the Part 1 of the Article 282 of RA Criminal Code in the General Department of Investigation of Smuggling and Economic Crimes of the RA Investigative Committee, data were obtained on the allegation that since March-May, 2023 numerous commercials have been disseminated through various internet platforms on earning money through the program «City Bike» presented itself as an Armenian branch of the American company of the same name.
In the course of preliminary investigation it was found out that the above-mentioned program called «City Bike» appeared to be a financial pyramid, where receiving income by a person was determined exclusively by investing money in the program and attracting new people, and no business activity was implemented.
On December 22, 2023 the program called «City Bike» was «closed» and the possibility of cashing out the invested money disappeared. As a result, a number of people who had invested money in the program, were deprived of the possibility to cash out their money.
Those who find themselves in such a situation, please contact the General Department of Investigation of Smuggling and Economic Crimes of the RA Investigative Committee (address: 3 Deghatan, Yerevan, tel: 010 30-42-12).
-
11.03.23, 07:40More than 406 Million AMD Swindled from State by Fraud Using Criminal Scheme in the Sphere of Import and Export of Cars; One Person DetainedA decision was made to arrest the mentioned person and a motion was submitted to court to choose detention as a pretrial measure against him. It was sufficed. -
22.06.22, 12:44Multi-Episode Criminal Case on Theft by Cheating Committed by Organized Stable Group Sent to Court; Amount of Damage Caused to those Affected Makes about 18 Million AMDPreliminary investigation of the multi-episode criminal case initiated on theft in significant and large amount committed by an organized stable group was completed. -
16.03.22, 08:21Citizens Affected by Criminal Activity of Company Called “Finiko” Asked to Apply to RA Investigative CommitteeLarge-scale investigative and other procedural actions are conducted to find all citizens affected by the criminal activity of the company “Finiko”. -
14.03.22, 12:35Criminal Case on Swindling Committed by Director of “Meghri Regional Medical Center” CJSC Sent to Court (video)Circumstances of swindling committed by the director of “Meghri Regional Medical Center” CJSC by using official position were found out.
-
10.12.21, 14:14Former Head of Vardenis Community DetainedThe former head of Vardenis community charged with exceeding official authorities, swindling and forging documents was detained. -
01.12.21, 06:13Preliminary Investigation of Case on Swindling in Particularly Large Amount CompletedIn the result of large-scale investigative and other procedural actions circumstances of swindling in particularly large amount committed by the LLC director were found out. -
09.11.21, 07:5932 year-old Resident of Yerevan Charged within Criminal Case on SwindlingIn the result of large-scale investigative and other procedural actions a number of cases of swindling were disclosed. -
13.09.21, 08:47Charge Pressed against 7 Members of Criminal GroupCircumstances of swindling in particularly large amount committed by a group of people as well as willful spoilage of property were found out.