Armenian businessman Samvel Karapetyan has been formally charged with multiple criminal offenses, according to an official statement from the Investigative Committee of Armenia.
The charges include organizing large-scale tax evasion, money laundering, and fraud. Specifically, Karapetyan is accused under the following provisions of the Criminal Code of Armenia: Article 46-290, Part 3, Clause 2 (organizing tax evasion on an especially large scale); Article 296, Part 3, Clause 3 (money laundering involving particularly large amounts); Article 46-255, Part 3, Clause 3 (organizing fraud on an especially large scale).
Earlier, Karapetyan’s legal defense council issued a statement rejecting the accusations, calling them baseless and lacking legal grounds.
“It is noteworthy that the charges describe no management-related decisions or involvement with any specific property,” the statement read.
