ArmenTel $500 Million Swindle: Employees’ Phone Messages Monitored

A Yerevan court today started to examine the evidence related to Ashot Poghosyan, a former ArmenTel security chief implicated in a scam that rerouted $500 million in revenues at the telecommunication company.

Trial Postponed in ArmenTel $500 Million International Phone Swindle Case

Where's the Money? Trial Looking Into $500 Million Siphoned from ArmenTel Continues

Ashot Poghosyan, a former security chief at ArmenTel, has confessed that he was involved in setting up a cable link for international telephone calls that rerouted revenues in such a way as to avoid taxes.