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Businessman Who Took Hostages At Moscow Bank Admits Guilt

The "explosive device" that Aram Petrosyan wore around his neck later turned out to be fake.

Russian investigators say a man who took four people hostage inside a Citibank branch in downtown Moscow on August 24 has admitted his guilt.

The Russian Investigative Committee said on August 25 that the suspect pleaded guilty while being interrogated and investigators will request his pretrial arrest on August 26.

The suspect, identified by Russian media as 55-year-old bankrupt businessman Aram Petrosian, entered the Citibank branch claiming that he had a bomb.

The hostages, who included three bank employees and one customer, were freed unharmed several hours later.

The supposed explosive device Petrosyan had around his neck turned out to be a fake bomb.

Based on reporting by Interfax and TASS, and AFP