Fraudster couple on the run sentenced to 23 years in jail after stealing ...

Fraudster couple on the run sentenced to 23 years in jail after stealing ...
Fraudster couple on the run sentenced to 23 years in jail after stealing ...

A Los Angeles fraudster couple who were convicted of trying to steal more than $20million in Covid relief funds have been jailed for 23 years even though they are still on the run.  

Richard Ayvazyan, 43, was sentenced Monday in absentia to 17 years and his wife, Marietta Terabelian, 37, was given six years behind bars for conspiracy, bank fraud and money laundering.

Ayvazyan's brother, Artur Ayvazyan, 41, was sentenced to five years. 

The three Encino residents used dozens of phony or stolen identities - including those of elderly or dead people and foreign exchange students who briefly visited the United States - to submit applications for some 150 federal Covid business relief funds.

They backed up the applications with false tax documents, and payroll records, officials said.

FBI agents are pictured raiding the $3.25million home of Richard Ayvazyan and Marietta Terabelian, which they bought with stolen Covid relief funds, in November 2020

FBI agents are pictured raiding the $3.25million home of Richard Ayvazyan and Marietta Terabelian, which they bought with stolen Covid relief funds, in November 2020 

Richard Ayvazyan

Marietta Terabelian

Ayvazyan (left), 43, was sentenced Monday in absentia to 17 years and his wife, Terabelian (right), 37, was given six years behind bars

Instead of going to struggling businesses during the pandemic, the millions received were used for down payments on luxury homes and to buy 'gold coins, diamonds, jewelry, luxury watches, fine imported furnishings, designer handbags, clothing, and a Harley-Davidson motorcycle,' the US attorney's office said. 

In June, the trio were convicted of conspiracy, bank and wire fraud.

But in August, Ayvazyan and Terabelian cut their tracking bracelets while awaiting sentencing and went on the run from the $3.25million home they bought with the stolen relief funds, authorities said. 

They left a note for the three teenage children they abandoned saying: 'We will be together again one

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