Men Plead Guilty to Conspiracy to Commit Bank Fraud

Men Plead Guilty to Conspiracy to Commit Bank Fraud

California Men Plead Guilty to Conspiracy to Commit Bank Fraud

CONCORD (STL.News) Vahan Aghajanyan, 25, of Glendale, California, and Garnik Saroyan, 26 of Sun Valley, California, pleaded guilty in federal court on Thursday to conspiracy to commit bank fraud, Acting United States Attorney John J. Farley announced today.

According to court documents and statements made in court, in October of 2018, Aghajanyan and Saroyan traveled from California to New Hampshire and Maine to use fraudulent debit cards encoded with other persons’ bank account information to make ATM withdrawals and purchase postal money orders.  On October 31, 2018, postal employees in New Hampshire and Maine reported suspicious transactions involving the two men.  The York, Maine police department located and stopped their vehicle.  Three cell phones were seized from the men and a federal search warrant was sought to search the phones.  A search of the phones revealed a map of post office locations in New Hampshire and photographs of Aghajanyan holding stacks of cash and postal money orders.

Bank records and surveillance videos showed that, on at least 15 occasions, Aghajanyan or Saroyan used a fraudulent debit card to check the balance of a bank account at an ATM. 

Continue reading Men Plead Guilty to Conspiracy to Commit Bank Fraud at STL.News.

Author: Editor 4