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Story summary
- FBI agents arrested Amen Vardevaryan and nine others in a fraud scheme that stole $17 million from elderly Los Angeles homeowners.
- The operation targeted victims by stealing identities and securing loans against properties, per FBI officials.
- Vardevaryan, 55, was taken into custody at his mansion, which contained luxury cars and firearms.
- He faces eight counts of fraud and could receive up to 20 years per charge.
