"The suspects completed more than 244 fraudulent transactions, targeting high-end retailers like Nordstrom, involving designer items like $3,000 YSL handbags with estimated losses exceeding $50,000."
"Authorities allege that the two Glendale residents, Arpineh Sarkisian and Argin Gharapetian, began carrying out the operation in 2019, purchasing authentic designer goods online before returning counterfeit versions."
"Detectives estimate the total attempted fraud exceeded $300,000, with confirmed losses to the retailers now reaching approximately $50,000 as additional fraudulent returns continue to be identified."
"The investigation began earlier this year when store employees at luxury retailer Nordstrom flagged suspicious return activity at a Glendale location to the Glendale Police Department."
Two Glendale residents were arrested for a retail fraud scheme lasting over six years. They allegedly purchased authentic luxury items online and returned counterfeit versions for refunds. The suspects, Arpineh Sarkisian and Argin Gharapetian, targeted high-end retailers like Nordstrom, completing over 244 fraudulent transactions. The investigation began when store employees flagged suspicious returns. Estimated losses to retailers exceed $50,000, with total attempted fraud exceeding $300,000. A search warrant executed at their residence revealed further evidence of the scheme.
Read at Los Angeles Times
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