Encino Couple On The Run After Being Convicted In $18M COVID Relief Fraud Scheme

Los Angeles CA

02 September, 2021

12:15 PM

Description

By CBSLA Staff, CBS Los Angeles: LOS ANGELES (CBSLA) – An Encino couple convicted in an $18 million COVID-19 relief fraud case earlier this summer have cut off their ankle monitoring bracelets and gone on the lam, the FBI reported late Tuesday night. Back in June, 43-year-old Richard Ayvazyas, his wife, 37-year-old Marietta Terabelian, and two other family members were found guilty of fraudulently obtaining more than $18 million in Paycheck Protection and Economic Injury Disaster Loan program funds. Read more at CBSLA CBS Local Digital Media personalizes the global reach of CBS-owned and operated television and radio stations with a local perspective.