Two individuals have been detained in Baku for committing a 317,000 manat fraud against a citizen under the pretext of selling gold and jewelry.
Operative Information Center-OMM reports that an operation was conducted based on information received by the police regarding the seizure of a large sum of money from the victim.
How the 317,000 Manat Gold Fraud Occurred in Baku
As a result of measures carried out by officers of the Police Department for Water Transport, 36-year-old Rufat Gasimzadeh and 37-year-old Mammad Mammadzadeh, suspected of the crime, were detained.
Investigations revealed that R. Gasimzadeh entered into a criminal conspiracy with his acquaintance M. Mammadzadeh to seize another person's property. He gained the victim's trust by claiming to have extensive connections and being involved in the sale of gold and jewelry.
Subsequently, the detained individuals took a total of 317,500 manat from the victim at various times under the guise of engaging in the jewelry business and divided the amount between themselves. Consequently, they committed fraud by causing large-scale damage to the victim.
Criminal Case and Investigation Details
In their statement, the victim noted that the last portion of the money was handed over to the suspects at the Baku Marine Terminal. For this reason, the investigation into the case is being conducted by the Police Department for Water Transport.
A criminal case has been initiated against R. Gasimzadeh and M. Mammadzadeh under Article 178.3.2 of the Criminal Code of the Republic of Azerbaijan (fraud committed by causing large-scale damage). Both individuals have been brought into the investigation as defendants, and legal proceedings are currently ongoing.
In Azerbaijan, large-scale fraud is a serious offense under the national criminal code, often carrying significant prison sentences. The Ministry of Internal Affairs continues to warn citizens to remain vigilant against such schemes and to conduct high-value transactions only through official and verified channels to prevent financial loss and criminal exploitation.
