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The Armenian living in the US is accused of laundering $1.29 million
Region
- 22 July, 2016
- 07:20
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Baku. 22 July. REPORT.AZ/ A former Wells Fargo branch manager from Burbank Albert Yagubyan was arrested for allegedly allowing two Glendale men to launder $1.29 million in fraud proceeds through the bank over the course of two years.
Report informs citing Los Angeles Times,Yagubyan, who managed a Wells Fargo branch reportedly allowed Artashes Darbinyan, 36, and Orbel Hakobyan, 41, to open bogus bank accounts to launder proceeds from a mass mailing scam targeting U.S. trademark holders.
36-year-old Yagubyan pleaded not guilty.
The trial will begin in September.
ABŞ-da yaşayan erməni 1,29 milyon dollar məbləğində pulun mənimsənilməsinə yardım etməkdə ittiham olunur
Проживающий в США армянин обвиняется в отмывании 1,29 млн. долларов
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