In Tashkent, a Bank Employee Spent $120,000 on Gambling

In Tashkent, a Bank Employee Spent $120,000 on Gambling

In Tashkent’s Yashnobod district, the head of a department at a commercial bank, E.N., colluded with responsible officials of LLC “A” and arranged for a loan of USD 120,000 to be issued to LLC “B.B.”. He then cashed out the loan using forged documents and spent the money on online gambling and risky betting games.
A criminal case has been opened in connection with the incident.

Under the Criminal Code, forging documents or using forged documents is punishable by a fine, compulsory community service, or corrective labor.
Likewise, embezzlement of another person’s property is punishable by a fine, compulsory community service, or corrective labor. The investigation is ongoing.