The Tbilisi City Court fully accepted the evidence presented by the Prosecutor's Office and found two individuals guilty in the case of fraudulently appropriating large amounts of money belonging to citizens through the use of official position by an organized group. The Prosecutor's Office is disseminating this information.

According to the agency, evidence examined during the court proceedings established that, with the aim of fraudulently appropriating large amounts of money, the accused established LLC "Sector 7" and, ostensibly under the condition of transferring apartments in a supposedly under-construction multi-apartment residential building, concluded preliminary sales contracts in the name of the company with interested citizens. On this basis, the accused fraudulently received a total of 10,726,497.95 GEL from 161 persons. However, they did not complete the construction of the residential building, did not transfer the purchased spaces to the victims' ownership, and fraudulently appropriated the money.

The court found both accused guilty under subparagraphs "a" and "b" of Part 3 and subparagraph "a" of Part 4 of Article 180 of the Criminal Code of Georgia (fraud committed in large amounts, by an organized group, and through the use of official position). As punishment, one of the accused was sentenced to 6 years and 4 months of imprisonment, and the other to 5 years and 10 months of imprisonment.