12 Suspects Arrested in FNDK Case Over $10.5 Million Fraud in Talesh

Talesh – The Public and Revolutionary Prosecutor of Talesh announced that charges were filed against 12 individuals in the case known as FNDK and that temporary detention orders were issued for them.

Talash - The public prosecutor of Talash announced the indictment of 12 people in the so-called FNDK case and the issuance of a temporary arrest warrant for them.

According to Ambassador Arjan Amir Rahmati, explaining the latest details of the so-called FNDK case, he stated: In this case, people claiming to be active in the field of digital currency transactions using artificial intelligence have received sums of money from various people, and a significant number of people have deposited funds into related accounts by trusting these claims.

Referring to the initial estimate of the amount of financial violations in this case, he added: the value of the sums raised in the case is estimated to be 10 million and 559 thousand dollars in the form of Tether digital currency.

The public and revolutionary prosecutor of Talash city stated that so far 12 people have been charged in this case with the charge of major disruption in the economic system, and clarified that temporary arrest orders have been issued for these people and the accused have been transferred to Lakan prison after the order was issued.

Referring to judicial measures to identify and prevent the transfer of possible property resulting from crime, Rahmati said: necessary judicial orders have been issued to identify, track and seize property and possible proceeds from crime.

He continued: In this regard, the necessary correspondence with the central bank has been done in order to follow up on the blocking and monitoring of related accounts.

The public and revolutionary prosecutor of Talesh city also announced the issuance of an exit ban order for some defendants who have not been arrested so far and said that a warrant has been issued for the arrest of a number of other people related to the case.

The so-called FNDK case, centered on the claim of conducting digital currency transactions using artificial intelligence and collecting funds from different people, is being pursued judicially.