What did Sergey Smbatyan do? Former Ambassador Arrested for Fraud & Suspended from Malta Philharmonic 2023

Today’s hot headline is that the former Armenian ambassador to Israel and his son were arrested in a large-scale fraud case. Yes, you heard it right, Sergey Smbatyan and his father Armen Smbatyan have been detained in connection with large-scale fraud. Sergey Smbatyan is the artistic director and chief conductor of the State Symphony Orchestra of Armenia while his father is the former ambassador of Armenia to Israel. Since the news of Sergey Smbatyan and Armen Smbatyan’s arrest broke out, people have been going crazy wanting to know in which scam they were caught. If you are also searching the Internet for news about their arrest, this article will tell you all the important aspects of this news. Stick with this page and follow it until the end. Scroll down.

Why was Sergey Smbatyan arrested?

Sergey Smbatyan and his father Armen Smbatyan were arrested because their actions allegedly caused the loss of 1 billion drams to the state and the 300 square meter plot of the Yerevan Tchaikovsky School of Music was also stolen. The prosecutor general’s office charged the former ambassador and his son. The Ministry announced that the Sochocenter company has proposed to build a multifunctional complex in celebration of the 500th anniversary of Armenia’s printing industry and the recognition of Yerevan as the world capital of books in 2012. The company also proposed built a new boiler house and concert hall for the Tchaikovsky School. Note that all costs their own. Scroll down.

Former Armenian ambassador to Israel Armen Smbatyan held various positions in Armenia. Now, it is believed that he persuaded a relative named Avag Smbatyan to found the company “Sochocenter” to avoid associating his son’s name with business activities. Reports also say that former culture minister and close friend of Hasmik Poghosyan is another co-founder of the company who is also under investigation. Swipe down the page.

To date, neither the former ambassador nor his son have responded to the allegations. In addition, the Smbatyan family’s lawyers could not be contacted. Hasmik Poghosyan is considered a defendant in this case and law enforcement is currently trying to locate co-founder Arman Petrosyan. The arrest of Sergey Smbatyan, his father Armen Smbatyan and Hasmik Poghosyan was made after many years of investigation. Law enforcement has been investigating this scam for years. Stay tuned to this website for more details and further updates.

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Source: Tekmonk Bio, Make Money Blogging

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