Richard Ayvazyan and Marietta Terabelian Wiki – Richard Ayvazyan and Marietta Terabelian Biography
Richard Ayvazyan, and Marietta Terabelian were convicted in June of conspiring to submit fraudulent loan applications under which they and others obtained more than $ 21 million in funds from the Cashier’s Check Protection program. payment and Disaster Economic Damage Loans they used to make down payments. luxury homes in Tarzana, Glendale and Palm Desert and shop for jewelry and other high-end items.
They were scheduled to be sentenced on October 4 in federal court in Los Angeles. In a tweet Tuesday night, the FBI said the couple is considered a fugitive and asked the public for information on their whereabouts.
Richard Ayvazyan and Marietta Terabelian Age
Richard Ayvazyan, 43, and Marietta Terabelian is 37 years old.
Richard Ayvazyan and Marietta Terabelian Run After Conviction in Multimillion-Dollar COVID-19
A couple from Tarzana, a suburban neighborhood in Los Angeles’ San Fernando Valley region, are on the run from federal authorities after their ankle monitors were cut off and they fled. Richard Ayvazyan, 43, and Marietta Terabelian, 37, were convicted in June of conspiring with family members and others to fraudulently secure at least $ 21 million in COVID-19 relief funds.
At the end of the trial, Ayvazyan’s attorney, Ashwin J. Ram, argued that his client posed no flight risk as long as she was asked to wear a location monitoring bracelet. “While there is simply no reason for Ayvazyan to flee anywhere, it would be impossible for him to do so when he cannot even get out of his driveway without the knowledge of the government,” Ram wrote in court documents. “And if Ayvazyan wanted to run away, he would have done so already.”
The group, led by Ayvazyan, reportedly created a San Fernando Valley shell business group to secure 151 loans under the Disaster Economic Damage Loan and Paycheck Protection programs. On June 25, a federal jury in Los Angeles convicted Ayvazyan, Terabelian, and two family members of their role in the scam. Four accomplices reportedly pleaded guilty on the eve of the trial.
(Corrected) Richard Ayvazyan, 43, & Marietta Terabelian, 37, were found guilty in $21 million bank/SBA fraud & are set to be sentenced. The pair allegedly cut monitoring bracelets & are considered fugitives. Please call 3104776565 if you have info as to their location #TipTuesday pic.twitter.com/pyyGOMiVF4
— FBI Los Angeles (@FBILosAngeles) September 1, 2021
“They have international ties as well as local ties, but we are not ruling out anything as to where they may have fled,” FBI spokeswoman Laura Eimiller told reporters. Federal authorities also believe the couple fled Sunday afternoon, Aug. 29, from the $ 3.25 million home in Tarzana they bought with the loan money they stole, Eimiller said. The couple was convicted of conspiracy to commit bank fraud, conspiracy to launder money, and other related crimes. The government is in the process of confiscating the house right now.
According to the LA Times, beginning in March 2020, the couple and their six accomplices used stolen identities to establish bank accounts for several Los Angeles shell companies that submitted false payroll and falsified tax returns with their emergency loan applications under the paycheck. Protection Program, a $ 953 billion business loan program established by the United States federal government in 2020 through the Coronavirus Relief, Relief, and Economic Security Act.
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According to a July report in the Times, when the couple returned from a Caribbean beach vacation last October, they were caught by customs agents, who discovered that Ayvazyan was carrying credit cards in the name of “Iuliia Zhadko.” Terabelian had one that belonged to “Viktoria Kauichko”. The FBI had been investigating “Zhadko” and “Kauichko” for months. They were later arrested after being questioned.
According to the Times, in June 2020, Ayvazyan and Terabelian placed $ 640,000 in pandemic disaster loans in their $ 3.25 million Mediterranean-style villa with a panoramic view of the aforementioned valley. When FBI agents raided the 2.6-acre property, they found about $ 450,000 in cash in a bag of groceries. They also seized gold coins, diamond earrings and a $ 35,000 Rolex that Ayvazyan bought while on vacation in the Turks and Caicos Islands.
More than $ 400,000 of that loan was spent on furniture, diamonds, jewelry and gold coins for Ayvazyan and Marietta Terabelian, prosecutors say. The money obtained was also used to purchase “fine imported furniture, designer handbags, clothing and a Harley-Davidson motorcycle,” according to a June 29 announcement from the US attorney’s office.
Richard Ayvazyan and Marietta Terabelian’s relationship
Ayvazyan met Terabelian at a party in 2001. They married a couple of years later and had three children. For a time, Terabelian ran a children’s hair salon in Sherman Oaks. The couple’s three teenage children did not run away with them.
The couple were arrested for filing false tax returns to obtain a $ 500,000 line of credit at their Encino home. After they pleaded guilty to mortgage fraud, their lawyers, seeking leniency in sentencing, criticized the banks for their lax credit standards. Both were saved from jail. “My purpose was not to make illegal profits, but to provide my family and myself with a good place to live,” Ayvazyan told United States District Judge Cormac J. Carney in a letter at the time. “My own feeling of guilt and shame for what I have done is magnified a hundredfold when I look my children in the eye.”