The Investigation Service of the Ministry of Finance of Georgia has detained two individuals on charges of storing and selling a large amount of forged currency.
According to the agency, the investigation revealed that the accused persons, with the intent of obtaining illegal financial gain, sold 60 counterfeit USD 50 banknotes, totaling USD 3,000, at branches of the microfinance organization “Rico Express” LLC located in the Kvemo Kartli region.
As a result of the investigative activities, all of the forged banknotes were seized in full.
The investigation is ongoing under Part 2 of Article 212 of the Criminal Code of Georgia, which pertains to the manufacture, possession, or sale of counterfeit money. The offense is punishable by seven to ten years of imprisonment.
