The reason why Gevorg Mkrtchyan, the owner of a chain of Swatch and Eiffel shops, committed suicide might be his big debts, according to media rumors.
The 40-year-old businessman shot himself near his house on August 16 in the morning. A firearm and a suicide note - the businessman asked blaming no one in his death - were found near his body. A criminal case was initiated basing on Article 110.1 of the Criminal Code of Armenia (incitement to suicide).