Liberal Armenia Against Charlatans: New Legislation

According to the newspaper "Azg", the "Liberal Armenia" faction in parliament intends to close the avenues for all charlatans who make huge sums of money at the expense of unsuspecting borrowers through legislative amendments.

The LHK faction has submitted a legislative package to parliament that would no longer allow individuals to act as intermediaries unless they have the appropriate contracts with banks and credit organizations.

Certain fraudsters have been profiting immensely from people’s ignorance, ostensibly helping them obtain funds from banks and credit organizations. The LHK faction has decided to put an end to the ability of such charlatans to operate freely.

For more details, see today’s issue of the newspaper.