Fugitive California couple sentenced in absentia in multimillion-dollar coronavirus fraud scheme
Fox News
A fugitive couple from Los Angeles were sentenced in absentia this week, accused in a more than $20 million coronavirus-relief fraud scheme.
The San Fernando Valley couple has been on the run after having allegedly cut their ankle monitors since their June conviction in the fraud scheme involving Paycheck Protection Program (PPP) and Economic Injury Disaster Loan (EIDL) COVID relief funds, according to the FBI.
Artur Ayvazyan, 41, brother of Richard Ayvazyan, was present at the sentencing and ordered to serve five years in prison for his role in the scheme, according to the U.S. Attorney’s Office for the Central District of California.
U.S. District Judge Steven Wilson said it was one of the most "callous" fraud cases he’d ever seen. describing Richard Ayvazyan as "an endemic, cold-hearted fraudster with no regard for the law" who "views fraud as an achievement."
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