In recent days, in several locations in the region of Mitrovica, Vushtrri, Skenderaj and Istog, the Kosovo Police has carried out extensive actions within the framework of combating suspicious activities related to pyramid schemes and illegal gambling.

According to official announcements, around 50 locations have been checked by the Kosovo Police and the Prosecutor’s Office, while 34 people have ended up in handcuffs. During the operations, around 170,000 euros in cash, five vehicles, firearms as well as equipment and other materials used for illegal activities were seized, reports Klankosova.tv.

Police action against illegal gambling in 50 locations – 34 arrested

29 of the suspects were sent to custody, while 5 others were released.

According to the Criminal Code. of Kosovo, crimes such as illegal gambling and pyramid schemes can be punished with a fine and imprisonment of up to several years, depending on the role and degree of organization of the criminal offense.

So how much can the suspects be punished, according to the Criminal Code?

The 29 suspects who are currently in custody, if found guilty of the crimes they are charged with, can be sentenced to up to 12 years Imprisonment.

According to Article 300 of the Criminal Code, anyone who, with the purpose of unlawfully obtaining material benefit for himself or for another person, organizes, participates or helps in organizing the activities of pyramid schemes, is punished with imprisonment from six months to five years. the other person, organizes, participates or helps in the organization of gambling, casino-type games or games of chance as defined by law, for which no license, permit or concession of the competent body has been granted, shall be punished with imprisonment from six months to five years.

While, as noted in the Criminal Code, when the criminal offense from paragraph 1. or 2. of this article results in profit or loss exceeding 25,000 euro, the perpetrator is punished with imprisonment of two to 12 years.

“For the purposes of this article, the expression ‘pyramid scheme’ means a fraudulent investment offer or plan, where the money contributed by later investors is used directly to pay or repay the interest or the basis of earlier investors, without any operational activity or that produces sources of income, except for the continuous collection of new funds”. /klankosova.tv

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Source: prizrenpost