Home Identity Theft Two Power Armenian Men Sentenced for Fraud Scheme

Two Power Armenian Men Sentenced for Fraud Scheme

Two Power Armenian Men Sentenced for Fraud Scheme

Two Powerful Armenian Men Sentenced for Fraud Scheme


On November 28, 2012, a significant legal case unfolded, leading to the sentencing of two influential Armenian men involved in a large-scale fraud scheme. This article delves into the background, investigation, trial, and sentencing of these individuals.

1. The Allegations

The case revolved around allegations of a sophisticated fraud scheme, with the accused individuals accused of orchestrating a complex financial fraud operation spanning multiple countries. Their actions were said to have defrauded numerous victims of substantial amounts of money.

2. The Investigation

The investigation into the alleged fraud scheme was extensive, involving law enforcement agencies and financial experts from multiple jurisdictions. The investigation revealed a network of financial transactions, shell companies, and complex money laundering efforts designed to conceal the ill-gotten gains.

3. The Legal Process

The legal process involved the arrest and subsequent trial of the two accused individuals. Legal authorities worked tirelessly to build a case against them, bringing forth evidence that included financial records, witness testimonies, and digital traces of their fraudulent activities.

4. The Trial

The trial of the two powerful Armenian men was closely watched by legal experts, the media, and the public. The prosecution presented a compelling case, highlighting the scale and sophistication of the fraud scheme. The accused individuals had a legal defense team that sought to challenge the evidence and provide an alternative narrative.

5. Verdict and Sentencing

The culmination of the trial was the verdict and subsequent sentencing. The court found the two individuals guilty of their involvement in the fraud scheme, concluding that they had exploited financial systems and defrauded innocent victims. As a result, they were sentenced to significant prison terms and ordered to pay restitution to the victims.

6. Impact and Implications

The sentencing of these powerful Armenian men had several significant implications:

a. Deterrence: The case sent a strong message that even individuals with considerable influence and resources would be held accountable for their fraudulent actions.

b. Justice for Victims: The victims of the fraud scheme finally received justice through the legal process, with the restitution helping to recover some of their losses.

c. Legal Precedent: The case established a legal precedent for dealing with complex financial fraud schemes, offering guidance for future investigations and prosecutions.

d. Strengthening Legal Systems: The successful resolution of this case demonstrated the effectiveness of legal systems in combating financial crimes and protecting the interests of the public.


The sentencing of the two powerful Armenian men in the 2012 fraud scheme case was a significant legal milestone. It showcased the determination of legal authorities to bring perpetrators of financial fraud to justice, regardless of their influence or resources. This case served as a reminder that the rule of law prevails, and those who engage in fraudulent activities will ultimately be held accountable for their actions.

On November 28, 2012, the US Attorney’s Office for the Central District of California stated that Angus Brown, aka “Homicide,” and Arman Sharopetrosian, aka “Horse,” received additional prison sentences for operating a identity theft scheme out of the Avenal State Prison.

The two men and other Armenian Power gang members worked with African-American street gang members and bribed co-conspirators at banks in order to gain control of bank accounts.  The scheme caused at least $8 million in losses.

United States District Judge David O. Carter said it was one of the most sophisticated fraud schemes he’s seen in his time as a judge.

Angus Brown was serving a prison term for identity theft at the time of his arrest, and Arman Sharopetrosian was serving a 10-year sentence for shooting at a car and carrying a concealed weapon.

During the scheme, Brown and Sharopetrosian were able to steal bank information from mostly elderly victims and forged signatures of the victims.  Checks worth large amounts of money were then deposited in bank accounts set up the conspirators.  Recruited bank employees identified accounts and victims that were less likely to notice their identities were stolen.

During the case, prosecutors stated: “[The defendants’] express purpose was to target bank customers with large-value accounts who were not proficient in checking up on their accounts via the Internet [and] sought to use that information to plunder the victims’ life savings.”

Sharopetrosian was found guilty of bank fraud conspiracy, four counts of bank fraud, and seven counts of aggravated identity fraud.  Brown pleaded guilty to bank fraud conspiracy, bank fraud, and 17 counts of aggravated identity theft.

20 defendants were named in the indictment, and most of the defendants will be sentenced in the next couple of months.  Some of the defendants have already received 51 months in prison.

Source: Federal Bureau of Investigation