The investigation service of Georgia’s finance ministry has charged 10 individuals for illegal entrepreneurial activities, the state body announced on Wednesday.
In its statement the state body said its investigation had found the convicts had operated currency exchange points in various locations in the western Adjara region without relevant permits of the national bank of Georgia.
Police officers seized foreign currency equivalent to ₾550,000 (about $198,169) during the search of the offenders, the state body also said.
The crime is punishable by up to three years in prison.