Yerevan jeweler makes $135,000 in bank fraud

Yerevan jeweler makes $135,000 in bank fraud

An expert jeweler of a Yerevan bank and his accomplices deposited gold jewelry into accounts of 70 people in January-August 2014 to receive a loan amounting to over $135,000. It was later exposed that the jewelry did not meet the minimum requirements of the bank. The police have pressed charges on the suspects for fraud and theft, News.am reports.

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