Former MP Arrested

In the framework of the criminal case being investigated by the Yerevan Arabkir administrative district investigative department of the RA Investigative Committee, extensive investigative and procedural actions have revealed several instances of large-scale theft of another's property committed by A.A. through deceit and abuse of trust. This was reported by the RA Investigative Committee.

Specifically, according to the information obtained during the preliminary investigation, A.A., as the developer and owner of an apartment building being constructed at 42/2 Arabkir Street in Yerevan and as the founder and director of two companies, received a total of 274,712,000 AMD from 6 individuals for the purchase of apartments and parking spaces between 2010 and 2014. In one case, he also received 6,800 USD for the renovation of an apartment. However, the mentioned amounts were not transferred to the companies' bank accounts or cash registers, and he misappropriated them for his personal needs. This way, significant property damage was caused to the citizens involved.

In addition, in October 2010, A.A. signed a preliminary and down payment agreement with another citizen, undertaking to hand over one of the apartments in the residential building under construction at 42/2 Arabkir Street with partial finishing by May 2012. In return, from late 2010 to 2011, A.A. received 34,000 USD as a down payment. However, until September 2015, he did not register the ownership rights of the citizen to the indicated apartment for various reasons and sold the apartment to another person, registering that person's ownership rights with the RA Cadastre Committee. Thus, he fraudulently misappropriated 34,000 USD, causing significant property damage to the mentioned citizen.

It was also revealed that for the purpose of committing particularly large-scale theft through deceit and abuse of trust, A.A. on April 8, 2008, entered into a formal installment sale agreement with another victim, acquiring ownership of an auxiliary building, three land plots (one of which is co-owned), and one residential house in the Arabkir community of Yerevan, for which he was supposed to pay a total of 110,000,000 AMD according to the agreements. However, he actually paid 67,440,000 AMD and instead of the remaining 42,560,000 AMD, he promised to provide the landowner with two apartments from the residential building being constructed at 42/2 Arabkir Street. Subsequently, with the aim of solidifying trust, he signed a preliminary real estate sale agreement with the landowner, but after the completion of the construction of the building at the said address, he sold those apartments to other individuals, thus fraudulently misappropriating 42,560,000 AMD and causing significant property damage to the mentioned person.

On May 14, 2024, a decision was made to arrest A.A., who was at large, with the purpose of presenting him to court. On May 15, he was located and arrested by the officers of the Arabkir division of the RA Police and presented to the preliminary investigation body. On the same day, he was charged under Part 3 of Article 255 and Part 3 of Article 256 of the RA Criminal Code. A motion was submitted to the court to apply detention as a preventive measure against him, which was granted. The preliminary investigation continues. All citizens who may have suffered from similar actions of the mentioned individual are encouraged to contact the conducting authority.

Note: A person accused of a crime is considered innocent until proven guilty by a court ruling that has entered into legal force in accordance with the procedure established by the Criminal Procedure Code of the Republic of Armenia.