Authorities are looking for a Tarzana spouse and spouse who had been uncovered guilty of fraudulently acquiring $21 million dollars in COVID-19 relief funds before this summer but just lately fled in advance of they had been thanks to be sentenced for their crimes, the FBI stated Tuesday.
A federal jury convicted the couple, 43-12 months-previous Richard Ayvazyan and 37-calendar year-outdated Marietta Terabelian, for conspiring with family members customers and other folks to bilk the federal government out of thousands and thousands in Paycheck Defense Plan and Economic Injury Catastrophe Financial loan reduction cash in late June, in accordance to the U.S. Attorney’s Place of work in Los Angeles.
In overall, eight people today have been convicted in the situation.
The plan concerned using phony and stolen identities to post fraudulent apps to procure the PPP and EDIL funds, evidence offered at the trial discovered. The defendants then employed the catastrophe reduction to buy three Southern California properties, jewellery, diamonds, gold coins and other luxury products, federal prosecutors claimed.
Ayvazyan and Terabelian probably facial area many years in prison at their sentencing, which was scheduled for Sept. 13, a U.S. Attorney’s Office environment news launch stated.
But forward of that date, the pair allegedly sliced off their checking bracelets and ran off, according to the FBI.
They are now regarded fugitives, the company reported.
In addition to the few, Ayvazyan’s brother, Artur Ayvazyan, and a further man, Vahe Dadyan, ended up also convicted in the situation on June 28.
All have been observed guilty of 11 counts of wire fraud, eight counts of lender fraud and one particular depend apiece of conspiracy to dedicate financial institution fraud and wire fraud, and conspiracy to dedicate revenue laundering, the U.S. Attorney’s Workplace claimed.
The Ayvazyan brothers and Dadyan were being just about every found responsible of additional, separate expenses.
Moreover, 4 other San Fernando Valley inhabitants pleaded responsible to charges tied to the pandemic aid fraud scheme, according to federal prosecutors.
The FBI is inquiring any one with facts on the whereabouts of Richard Ayvazyan and Marietta Terabelian to call 310-477-6565.
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