Los Angeles-area man charged with fraudulently obtaining COVID-19 relief loans for his sham sewing company
(WorldNews Mexico)

LOS ANGELES - A San Fernando Valley man now believed to have fled the United States today faces federal criminal charges for allegedly obtaining more than $860,000 in Paycheck Protection Program (PPP) loans for a shell company and then transferring the bulk of his illicit gains to his personal bank accounts. Arman Manukyan, 49, of Panorama City, was charged today with one count of bank fraud and one count of aggravated identity theft in a criminal complaint filed Monday in U.S. District Court. This investigation was led by U.S. Immigration and Customs Enforcement`s (ICE) Homeland Security Investigations (HSI) Los Angeles, in concert with the Treasury Inspector General to the Tax...