SANTA CLARITA, Calif. – A former motorcycle shop owner was sentenced to 15 years in prison after pleading guilty to 49 felony counts, mostly grand theft but also insurance fraud and four counts of elder abuse.
Ventura County Superior Court Judge Charles Campbell accepted the plea deal for Armon Castillo Gevorkian, former owner of County Line Cycles. Authorities said Gevorkian took more than $1 million from more than 40 victims, many of whom had been his friends, lured to invest in a business deal that involved buying, fixing and selling motorcycles and motorcycle engines.
Prosecutor Margaret Coyle told the Ventura County Star that victims lost amounts ranging from $200 to $593,000. The judge ordered Gevorkian to pay restitution, but prosecutors say the victims probably will never see a dime of it. Gevorkian will serve 50 percent of the sentence before he is eligible for parole.
Posted by Holly Wagner