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FBI Arrests Man in $17 Million Elderly Identity Theft Scheme

3/20/2026

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Summary

Story summary

Amen Vardevaryan (55) was arrested in North Hollywood for his role in a $17 million identity theft scheme targeting elderly homeowners.
The FBI raided Vardevaryan's mansion.
Vardevaryan was taken into custody.
Prosecutors say the scheme began in 2021 and involved an Iranian migrant and others who stole identities to secure loans against victims' properties.
He faces eight counts of fraud, with up to 20 years for each count.

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Story summary

Amen Vardevaryan (55) was arrested in North Hollywood for his role in a $17 million identity theft scheme targeting elderly homeowners.
The FBI raided Vardevaryan's mansion.
Vardevaryan was taken into custody.
Prosecutors say the scheme began in 2021 and involved an Iranian migrant and others who stole identities to secure loans against victims' properties.
He faces eight counts of fraud, with up to 20 years for each count.