15:09 - 27.10.2025

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October 27, Fineko/abc.az. An organized criminal group engaged in money laundering and tax fraud has been identified and neutralized in Azerbaijan.

ABC.AZ informs, referring to the Prosecutor General's Office, that as a result of the actions of the attackers, the state suffered damage in the amount of more than 81.5 million manats.

The investigation revealed that the group's members, using the data of more than 300 people from socially vulnerable segments of the population, registered 777 legal entities and 103 individuals in their names who were not actually engaged in business activities. Through these fictitious companies, bulk financial transactions were carried out and illegally obtained funds were laundered.

According to the Prosecutor's Pffice, as a result of tax fraud, these persons embezzled over 8 million manats from the State Budget.

30 people were brought to criminal responsibility, including the organizers of the group. They are charged under Articles 178.4 particularly large scale fraud), 193.3.1 (false entrepreneurship that caused particularly large damage), 193-1.3.1, 193-1.3.2 ( legalization of criminally acquired property committed by an organized group on a significant scale) and other articles of the Criminal Code of Azerbaijan.

10 of them were arrested by a court decision, and other preventive measures unrelated to arrest were taken against the rest. Several defendants are wanted.

The investigation of the case continues.