Who is Marietta Terabelian? Wiki, Biography, Age, Sentenced, Husband, $20M Fraud

Marietta Terabelian
Marietta Terabelian

Marietta Terabelian Wiki – Marietta Terabelian Biography\

Marietta Terabelian and her husband Richard Ayvazyan were sentenced to prison for illegally obtaining more than $20 million in COVID-19 relief funds — but authorities need to catch them first.

According to the Department of Justice, Richard Ayvazyan was sentenced to 17 years behind bars. On Monday, his wife, Terabelian, received a six-year sentence in federal prison for conspiracy, bank fraud, and money laundering.

Age

She is 37 years old.

$20M Fraud

Federal officials said they cut off their tracking bracelets on Aug. 29, federal officials said.

During the sentencing, US District Judge Stephen V. Wilson said he could not recall a fraud case conducted in such a “callous, intentional way without any regard for the law.”

Wilson described Ayvazyan as “an endemic, cold-hearted fraudster with no regard for the law” and someone who “views fraud as an achievement.”

The judge also sentenced Ayvazyan’s brother, Artur, 41, to five years in prison.

On June 25, a federal jury found Richard Ayvazyan, Artur Ayvazyan, and Terabelian 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.

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Richard Ayvazyan and his brother were also convicted of aggravated identity theft.

The FBI is offering a reward of up to $20,000 for information leading to the arrest of Richard Ayvazyan and Terabelian.

Sentenced

According to the U.S. Attorney’s Office for the Central District of California, a judge sentenced them in absentia while they remained fugitives.

Ayvazyan was ordered to serve 17 years, and Terabelian got six years. Ayvazyan’s brother, 41-year-old Artur Ayvazyan, was ordered to serve five years in federal prison.

The three family members schemed to fraudulently obtain more than $20 million in the Paycheck Protection Program and Economic Injury Disaster Loan COVID-19 relief funds, Department of Justice officials said.

The scheme involved using dozens of fake or stolen identities to submit fraudulent applications for approximately 150 loans, which they applied for with false identity and tax documents, and payroll records, officials said.

Some of the stolen identities belonged to dead and elderly residents and foreign exchange students who briefly visited the U.S.