During the preliminary investigation of the criminal case instituted pursuant to the features of point 1, part 3, Article 178 of RA Criminal Code on incident of committing a fraud of especially large amount Armen S. communicated that in November-December months of 2003 Karen Kh. and Artur K., exceeding the powers granted by a Power of Attorney issued for another purpose, without his knowledge sold a plot of land of 7 thousand sq.m. belonging to him to Mkhitar V. for 985 thousand US dollars, but gave him only 430 thousand US dollars from the sum received from the sale and fraudulently embezzled the remaining 550 thousand US dollars.
On October 3, 2014 the proceedings by the criminal case were dismissed on the basis of lack of corpus delicti in actions of Artur K., Karen Kh. and Armen S. with the reasoning that their relationships hadcivil character.
The proceedings dismissed by the criminal case have been resumed and starting from the necessity to ensure multi-sided, complete and objective investigation of the case, RA Prosecutor General has sent the criminal case to RA Special Investigation Service.
Preliminary investigation is carried out.
Note: The suspect or the accused of the alleged offence is deemed innocent unless his or her innocence is proved by virtue of the effective court verdict in the manner prescribed by the Criminal Procedure Code of the Republic of Armenia.