Four L.A. County residents found guilty of fraudulently obtaining millions of dollars from COVID-relief programs
At the conclusion of an eight-day trial, the following defendants were found guilty on June 25: Richard Ayvazyan, 42, of Encino; Richard Ayvazyan’s wife, Marietta Terabelian, 37, of Encino; Richard Ayvazyan’s brother, Artur Ayvazyan, 41, of Encino; Vahe Dadyan, 41, of Glendale. All four defendants were found guilty of one count of conspiracy to commit bank fraud and wire fraud, 11 counts of wire fraud, eight counts of bank fraud and one count of conspiracy to commit money laundering. Richard Ayvazyan also was found guilty of two counts of aggravated identity theft. Artur Ayvazyan also was...