Armen Muradyan, 58, was arrested prior to traveling to Armenia.
LOS ANGELES — A Burbank man who allegedly evaded the payment of nearly $5.8 million in federal taxes over several years by using a shill to illegally collect Medicare reimbursement payments made to his blood-testing company was indicted Tuesday by a federal grand jury.He has been in federal custody since his April 9 arrest at Los Angeles International Airport, according to the U.S. Attorney’s Office.
Medicare and bank records show that Medicare paid millions of dollars in reimbursements to Genex for blood testing. The reimbursements were wired to bank accounts in the name of an individual identified in court documents by the initials L.S., Muradyan’s long-time friend to whom Muradyan had offered to pay $2,000 per month to pretend to be Genex’s owner.
For the tax years of 2015 through 2020, Muradyan allegedly instructed L.S. to report Genex’s financial activity on L.S.’s personal income tax returns using documents that L.S. provided to his own tax preparer. The documents purportedly showed that Genex had minimal net profit or was operating at a loss, meaning the company had little or no income tax liability.
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