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ARMENIA'S NATIONAL SECURITY SERVICE THWARTS ILLEGAL 'FINANCIAL PYRAMID' SCAM
ARKA
Dec 3, 2009
YEREVAN, December 3, /ARKA/. Armenia's National Security Service
said it has exposed an illegal 'financial pyramid' scam acting under
the guise of a network marketing. A press release by the National
Security Service said its officers tracked down and exposed the
criminal activity of two, independently operating groups under the
guise of international Quetsnet organization that was aimed at stealing
people's money and establishment of so-called 'financial pyramid.
The press release said Questnet having representatives in different
countries, including Armenia, sold to citizens via Internet glass
bio-disks which ostensibly have positive effect on people's health
as well as gold adornments and chains costing from $600 to $1,500.
Later after these people realized that what they paid is tens times
higher than the real cost of the goods, demanded their money back,
but in return they were proposed to get enrolled into their scam,
pledging them substantial profits.
The press release said the criminal scam was established by an Iranian
citizen Raimond Kocharian and Armenian citizen Vache Manukian, who
managed to enroll 113 Armenian citizens into their scam. Both are
detained and the investigation is being handled by the National
Security Service, which called on Armenians to refrain from the
temptation of getting rich in no time. It said those who suffered
from this criminals can report by calling 57-93-16.
ARKA
Dec 3, 2009
YEREVAN, December 3, /ARKA/. Armenia's National Security Service
said it has exposed an illegal 'financial pyramid' scam acting under
the guise of a network marketing. A press release by the National
Security Service said its officers tracked down and exposed the
criminal activity of two, independently operating groups under the
guise of international Quetsnet organization that was aimed at stealing
people's money and establishment of so-called 'financial pyramid.
The press release said Questnet having representatives in different
countries, including Armenia, sold to citizens via Internet glass
bio-disks which ostensibly have positive effect on people's health
as well as gold adornments and chains costing from $600 to $1,500.
Later after these people realized that what they paid is tens times
higher than the real cost of the goods, demanded their money back,
but in return they were proposed to get enrolled into their scam,
pledging them substantial profits.
The press release said the criminal scam was established by an Iranian
citizen Raimond Kocharian and Armenian citizen Vache Manukian, who
managed to enroll 113 Armenian citizens into their scam. Both are
detained and the investigation is being handled by the National
Security Service, which called on Armenians to refrain from the
temptation of getting rich in no time. It said those who suffered
from this criminals can report by calling 57-93-16.