Based on the studies of the Chief Criminal Investigation Department of the Police, it was found out that different online creditors are being advertised in the Internet social networks.

They, acting as credit organizations, form loans through banks or credit organizations operating in Armenia under their name by abusing the trust of their applicants, keeping 30 to 70 % of the loan amount specified in the loan agreement as a commission fee.

Loans are mainly formed as follows: a citizen applies to a so-called credit organization to get a loan from where he is accompanied to stores selling electronics and household appliances and buys his technique on credit. After the credit is approved, the citizen gets 60 to 70% of the loan amount, and the rest they keep as a commission fee.

As a result, the citizen does not receive the purchased goods, but obtains a full commitment to the contractual obligations to the bank.

As a result of the extensive operative-investigative measures, 10 organizations of the above mentioned activities were detected by the chief office of the Police, Yerevan and regional departments.

The material is copyrighted and protected by law