Owner of Belgrade firm arrested for allegedly defrauding Jordanian company of 400 million dinars

Police have arrested G. K., the 47-year-old owner of Belgrade-based "Taneo group," on suspicion of defrauding a Jordanian company of approximately 403.7 million dinars (about $3.7 million USD).

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The suspect is accused of misleading the representative of the injured economic entity from Jordan by falsely presenting facts that he would deliver the goods within the agreed period of two months, although he knew that he would not carry out the said delivery.

The Ministry of Internal Affairs (MUP) stated that the suspect allegedly misled the Jordanian company's representative in April 2024. He entered into a contract for the sale of goods valued at 4.9 million euros, falsely assuring delivery within two months despite knowing he could not fulfill the order.

Following the agreement, the suspect received an advance payment of 403,710,000 dinars into his company's account. He then allegedly used his signature and company stamp to validate an invoice containing false information.

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The suspect received an advance payment from the injured economic entity to the account of his economic entity in the amount of 403,710,000 dinars, after which he confirmed the invoice with false content with his signature and company stamp.

During a search of the suspect and his residence, authorities confiscated 51,790 euros in cash, three Audemars Piguet watches, three Rolex watches, one Patek Philippe watch, and luxury vehicles including a Bentley Continental, an Audi A8, a Mercedes S-Class, and a Mercedes G-Class. The suspect has been detained for up to 48 hours pending further investigation and the filing of criminal charges.

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During the search of the suspect and the premises where he lives, 51,790 euros were found and temporarily confiscated, three 'Audemars Piguet' watches, three 'Rolex' watches, one 'Patek Philippe' watch, 'Bentley Continental', 'Audi A8', 'Mercedes S' and 'Mercedes G' class cars.