Mangasaryan Apartment Scam Trial Postponed

MANGASARYAN APARTMENT SCAM TRIAL POSTPONED

11:09, March 18, 2013

Vladislav Mangasaryan, who for years has been charged by American
investor Edmond Khudyan for defrauding his Arin Capital investment
firm, was arrested three days ago by officials of the State Revenue
Committee (SRC).

Mangasaryan was taken into custody after being questioned by the SRC.

He was charged with money laundering and fraud.

Mangasaryan was scheduled to appear today as a witness in a separate
case involving Lousineh Gyulkhasyan, a woman who paid for but
never received an apartment in a building development operated by
Mangasaryan.

The court postponed the trial to March 28 in order to have the arrested
Mangasaryan brought to court as a defendant.