Armenians Arrested in Massive U.S. Criminal Conspiracy Ring

09:53, May 11, 2015

The U.S. law enforcement agencies arrested 32 people, including a number of Armenians, on May 6 after being charged with various criminal conspiracy charges.

The indictment names three Armenians (Ara Karapedyan, 45, Mihran Stepanyan, 29, and Artur Stepanyan, 38) as the ringleaders of a nationwide conspiracy to conduct a broad range of criminal activity including unlicensed wholesale drug distribution, money laundering and fraud.

The arrests follow a joint investigation conducted by the Federal Bureau of Investigation (FBI) and the Internal Revenue Service.

The indictment names 33 defendants in all and describes an enterprise that spanned throughout California as well as in Minnesota, Ohio and Puerto Rico.  Read more... (262 words)

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