02/05/2013 10:33
Zhamanak: Illegal money transferred from the U.S. to Nazarian’s son
Armenian law enforcers have evidence about financial machinations and money laundering done by a number of Armenian officials and members of the Armenian- American crime ring led by Armen Kazarian (aka Pzo), according to “Zhamanak” daily.
The daily says that one of the facts is related to Armen Nazarian, the son of former Chief of Yerevan Police Nerses Nazarian. Armen Nazarian was closely associated with P. Satamian, a member of the crime ring arrested in the U.S. on 13 October 2011.
The daily writes, citing its sources that on the night of his arrest, P. Satamian transferred $450 thousand from the U.S. to Armen Nazarian’s personal account – via a Cyprian bank. Armen Nazarian has not so far presented any facts to prove the lawful source of the money.