Related Federal Cases
Armenian Power Associate Sentenced to 13 Years
A 41-year-old associate of the Armenian Power gang has been sentenced to serve 160 months in prison for his role in a racketeering conspiracy that included stealing personal and financial information of elderly bank customers for accounts valued at more than $25 million.
Andranik Aloyan, of Los Angeles, was found guilty by a federal jury on February 11, 2014, of racketeering conspiracy, attempted bank fraud, access device fraud, four counts of aggravated identity theft and possession of a firearm by a convicted felon.
According to evidence presented at trial, Aloyan possessed personal and financial information belonging to more than 75 mostly elderly customers of banks operating throughout the country. This information was stolen by Aloyan and his associates.
The combined value of the accounts for which Aloyan possessed account information exceeded $25 million dollars.
In addition to his prison term of 160 months, Aloyan was sentenced to serve three years of supervised release and ordered to pay $3,516,711 in restitution to victims.
Aloyan was among 90 individuals charged in two indictments, including a 140-count indictment in July 2011 charging 70 defendants with a variety of criminal activities associated with the Armenian Power gang.
The case was investigated by the Eurasian Organized Crime Task Force, which is comprised of the FBI, the Glendale Police Department, the Los Angeles Police Department, the Burbank Police Department, the Los Angeles Sheriff’s Department, the Internal Revenue Service, U.S. Immigration and Customs Enforcement’s Homeland Security Investigations and the U.S. Secret Service.
Key Facts
- State: Federal
- Category: Organized Crime|Fraud & Financial Crimes|Violent Crime
- Source: DOJ Press Release ↗
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