A fugitive Southern California couple awaiting conviction following their conviction in a $ 21 million COVID-19 fraud case have allegedly minimize their ankle wristbands and are on the run, in accordance with the FBI.
Richard Ayvazyan, 43, and Marietta Terabelian, 37, had been discovered responsible in June of submitting fraudulent mortgage purposes by which they and others obtained greater than $ 21 million in paycheck and disaster mortgage safety funds, They’ve made funds with luxurious houses in Tarzana, Glendale, and Palm Desert and buy jewellery and different high-end objects.
You had been as a consequence of be tried in federal court docket in Los Angeles on October 4th.
In a tweet late Tuesday, the FBI stated the couple had been being thought-about refugees and requested the general public for data on their whereabouts.
(Corrected) Richard Ayvazyan, 43, and Marietta Terabelian, 37, had been discovered responsible of a $ 21 million financial institution / SBA fraud and are as a consequence of be convicted. The couple allegedly minimize surveillance wristbands and are thought-about a refugee. Please name 3104776565 for data on their location #TipTuesday pic.twitter.com/pyyGOMiVF4
– FBI Los Angeles (@FBILosAngeles) September 1, 2021
Federal authorities stated the couple had been lacking since Sunday.
The couple’s attorneys didn’t instantly reply to inquiries from Metropolis Information Service.
Ayvazyan, Terabelian and two kinfolk had been discovered responsible of conspiracy to interact in financial institution fraud and wire switch fraud, wire switch fraud, financial institution fraud and conspiracy to commit cash laundering. Ayvazyan was additionally discovered responsible of grave id theft.
The jury dominated that the defendants should forfeit financial institution accounts, jewellery, watches, gold cash, three homes, and about $ 450,000 in money, in accordance with the U.S. Legal professional’s Workplace.
The Encino brothers and their wives have been accused of acquiring fraudulent loans to purchase luxurious houses. Angie Crouch stories from November 18, 2020.
“Searching for fast fortunes, the defendants stole federal funds to assist Individuals broken by the COVID-19 pandemic and the ensuing financial slaughter,” stated incumbent US Legal professional Tracy Wilkison after the trial on this district first due to one pandemic fraud scheme, and we stand able to carry extra defendants to justice as we proceed our efforts to guard our nation’s catastrophe reduction applications. ”
Proof confirmed that the defendants used false or stolen identities to file fraudulent purposes for credit score. Defendants additionally produced bogus paperwork, together with falsified identification paperwork, tax paperwork and pay slips, to lenders and the Small Enterprise Administration in help of the claims.
The couple used the fraudulently obtained funds as down funds on luxurious actual property and acquired gold cash, diamonds, jewellery, luxurious watches, imported furnishings, designer purses, clothes and a Harley-Davidson bike.
Within the run-up to the decision, 4 accomplices pleaded criminally responsible.
The FBI has requested anybody with details about the couple to name 310-477-6565.
