Top
    Close photo mode

    The ​Armenian living in the US is accused of laundering $1.29 million

    Former Wells Fargo branch manager helped two Glendale residents to launder money through the bank

    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.

    If you find out orphographic mistake in the text, please select mistaken part of the text and press Ctrl + Enter.

    Last added

    At least one category must be selected

    All news


    Orphus sistemi