456 ECONOMIC CRIMES SOLVED IN ARMENIA LAST YEAR

ARKA
March 27, 2009

YEREVAN, March 27. /ARKA/. A total of 456 economic crimes were solved
in Armenia last year against 289 in 2007 – an annual increase of 58%.

Chief of the Head Department for Organized Crime Control, Colonel Unan
Poghosyan reported that last year the RA police registered 83 cases
of illegal business, 80 cases of counterfeiting of money, 140 cases of
tax avoidance, 69 cases of smuggling, as well as other economic crimes.

Pogosyan pointed out that 140 of the crimes were solved by various
police departments.

He said that 213 economic crimes were registered in Yerevan alone –
47% of the total number.

"Economic crimes are latent ones and, therefore, are difficult to
solve," he said.

Colonel Poghosyan welcomed the improvement in crime detection last
tear.