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  • Vartanian free on bail from grand-theft charges

    Vartanian free on bail from grand-theft charges

    The Fresno Bee (Fresno, CA)
    Thursday, Aug. 06, 2009

    By Pablo Lopez

    Fresno businessman Krikor "Kirk" Vartanian is free on $295,000 in bail
    in connection with 16 felony charges stemming from his business
    dealings at his luxury car dealership, Fresno County Superior Court
    records show.

    Department of Motor Vehicle investigators, armed with a warrant,
    arrested Vartanian at Belana restaurant in Fig Garden on Wednesday
    afternoon. After being booked into the Fresno County Jail, he posted
    bail and was released around 8 p.m., according to David Balakian, one
    of Vartanian's lawyers.

    His arraignment on the grand theft charges is scheduled for Aug. 19.

    Vartanian, 40, is accused of selling cars and extended warranties to
    more than a dozen customers but not delivering the goods, according to
    arrest-warrant documents.

    A criminal complaint accuses him of stealing more than $500,000 from
    17 customers between March 2007 and November 2008. He also is accused
    of stealing from Woodside Credit. His business, Auto Gallery at 61
    E. Shaw Avenue, closed this summer.

    Before his arrest on Tuesday, Vartanian was free on bail, awaiting a
    Sept. 1 preliminary hearing on felony charges stemming from an alleged
    assault on his wife in June. He was freed from jail only after posting
    bail and agreeing to resolve gambling debts in Las Vegas.

    As Fresno businessman Krikor "Kirk" Vartanian was arrested Wednesday
    on grand theft charges, court officials released a copy of his arrest
    warrant with details of the accusations against him.

    Vartanian faces 16 felony charges in connection with business dealings
    at his luxury car dealership, the Auto Gallery at 61 E. Shaw Ave. He's
    accused of selling cars and extended warranties to more than a dozen
    customers but not delivering the goods -- pocketing more than half a
    million dollars.

    Among the alleged victims is former Fresno State women's basketball
    coach Stacy Johnson-Klein and her husband, Charles. According to
    arrest-warrant documents made public Wednesday, the couple paid
    Vartanian $225,000 for a Bentley but never received the car -- or
    their money back.

    Vartanian also is accused of selling about a dozen extended warranties
    that the customers never received. Investigators say those thefts
    amounted to $36,167.

    Vartanian closed his north Fresno dealership this summer.

    Prosecutors announced the charges Tuesday, and Vartanian had made
    arrangements to surrender at Fresno County Jail at 1
    p.m. Wednesday. Before he could do that, however, he was handcuffed
    about 12:30 p.m. at the Fig Garden restaurant Belana.

    His lawyers said the arrest amounted to harassment. The California
    Department of Motor Vehicles investigator who arrested Vartanian --
    Scott Silva -- could not be reached to comment Wednesday.

    The arresting officers "said it was miscommunication," said Daniel
    Bacon, one of Vartanian's attorneys. "I would call it a fiasco."

    Vartanian was booked into jail on 16 counts of grand theft. He was
    expected to post $295,000 bail and be released Wednesday night.

    A criminal complaint accuses Vartanian of stealing more than $500,000
    from 17 customers between March 2007 and November 2008. He also is
    accused of stealing from Woodside Credit.

    Bacon and David Balakian, another Vartanian lawyer, said Tuesday that
    their client is innocent, and that some of the victims named in the
    complaint don't want to press charges.

    "There might be some money owed," Bacon said, "but there's no validity
    to the charges."

    Before his arrest, he was free on bail, awaiting a preliminary hearing
    on felony charges stemming from an alleged assault on his wife in
    June.

    He was freed from jail only after posting bail and agreeing to resolve
    gambling debts in Las Vegas.


    The reporter can be reached at [email protected] or (559) 441-6434.

    http://www.fresnobee.com/local/story/15 80753.html#none
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