The Investigative Committee reports that an investigation is underway in the Main Directorate for the Investigation of Economic Crimes and Smuggling regarding the alleged fraud and money laundering by Gagik Tsarukyan and others, involving assets and funds equivalent to 21 million 72 thousand 827 USD, or 8 billion 126 million 946 thousand 460 AMD.
Based on sufficient evidence obtained, public criminal prosecution has been initiated against the former CEO of the Multi Group (S. A. - Sedrak Arustamyan) and the company's director (A. D. - Arthur Dallakyan) under Article 46-255, part 3, point 3 of the Criminal Code (aiding in fraud of especially large scale) and Article 46-296, part 3, point 3 (aiding in money laundering of especially large scale).
On August 5, 2026, based on decisions made by the investigating authority, S. A. and A. D. were arrested for presentation to the court. The preliminary investigation is ongoing.
