Fraudulent trader was arrested in Fergana region

Fraudulent traders who tricked citizens by promising quick returns on their money were caught. This was reported by the Cyber Security Center of the MIA QSD of the Republic of Uzbekistan.

It is noted that T.U., a 27-year-old resident of the Fergana region, submitted an application and reported that 1,350,000 soums were fraudulently embezzled from his bank card by an unknown person.

As a result of rapid investigative activities conducted by employees of the Cyber Security Unit, it was found that the crime was committed by I.B., a resident of the Khorezm region.

I.B., who was identified as a suspect and involved in the investigation, met the applicant T.U. through Telegram messenger. He promised T.U. that he would engage in trading activities and increase his money through the stock exchange in a short time. However, I.B. fraudulently transferred 1,350,000 soums from T.U. and spent the money on his personal needs without fulfilling his promise.

In connection with this situation, a criminal case was initiated against I.B. under Article 168, Part 1 of the Criminal Code of the Republic of Uzbekistan.

"According to the law, for criminal acts specified in Part 1 of Article 168 of the Criminal Code of the Republic of Uzbekistan, a fine ranging from 50 to 100 times the base calculation amount, correctional work for up to 2 years, restriction of liberty for 1 to 3 years, or deprivation of liberty for up to 3 years is provided," the report stated.