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ARMENIAN POWER GANG MEMBERS CONVICTED IN IDENTITY THEFT SCHEME
Los Angeles Times
http://latimesblogs.latimes.com/lanow/2012/03/armenian-power-gang-fraud-identity-theft.html
March 23 2012
Four people have been convicted in a large bank- and identity-fraud
scheme run by the Armenian Power gang, federal prosecutors said Friday.
The gang ran "one of the largest identity theft schemes in California
history," U.S. attorney's office spokesman Bruce Riordan said in
a statement.
Kristine Ogandzhanian, 28, of Burbank, was convicted Wednesday of
two counts of bank fraud and four counts of aggravated identify theft.
Artush Margaryan, 28, of Van Nuys, Arman Sharopetrosian, 33, of
Burbank, and Keren Markosian, 39, of Glendale, were convicted of
various counts of bank fraud conspiracy, bank fraud and aggravated
identity theft.
According to prosecutors, the four were involved in an identity-theft
scheme that lasted more than six years and caused more than $10 million
in losses to victims across four states. They used contacts inside
banks to get access to their victims' bank accounts and financial
information.
The four were among 20 defendants charged last year in the scheme. So
far, 19 have been convicted. A final defendant was arrested earlier
this year and is awaiting trial, prosecutors said.
The four defendants face a maximum of 30 years in federal prison for
each count of bank fraud and conspiracy to commit bank fraud and a
mandatory two years for each count of aggravated identity theft.
Sentencing is scheduled Aug. 6.
Los Angeles Times
http://latimesblogs.latimes.com/lanow/2012/03/armenian-power-gang-fraud-identity-theft.html
March 23 2012
Four people have been convicted in a large bank- and identity-fraud
scheme run by the Armenian Power gang, federal prosecutors said Friday.
The gang ran "one of the largest identity theft schemes in California
history," U.S. attorney's office spokesman Bruce Riordan said in
a statement.
Kristine Ogandzhanian, 28, of Burbank, was convicted Wednesday of
two counts of bank fraud and four counts of aggravated identify theft.
Artush Margaryan, 28, of Van Nuys, Arman Sharopetrosian, 33, of
Burbank, and Keren Markosian, 39, of Glendale, were convicted of
various counts of bank fraud conspiracy, bank fraud and aggravated
identity theft.
According to prosecutors, the four were involved in an identity-theft
scheme that lasted more than six years and caused more than $10 million
in losses to victims across four states. They used contacts inside
banks to get access to their victims' bank accounts and financial
information.
The four were among 20 defendants charged last year in the scheme. So
far, 19 have been convicted. A final defendant was arrested earlier
this year and is awaiting trial, prosecutors said.
The four defendants face a maximum of 30 years in federal prison for
each count of bank fraud and conspiracy to commit bank fraud and a
mandatory two years for each count of aggravated identity theft.
Sentencing is scheduled Aug. 6.