Introduction to the Case
A former condo president has been arrested again in Aventura, and this time, a second person is charged with helping him steal from condo owners. The investigation, led by the night team’s Heather Walker, reveals a complex web of fraud and deceit.
Background of the Case
Video obtained exclusively by 7Investigates shows Gregori Arzumanov, a 63-year-old man, sitting with his hands behind his back. This is not the first time Arzumanov has been handcuffed at the Turnberry On The Green condominium in Aventura. Just eight months earlier, he was taken by police through the lobby of the luxury high-rise.
Previous Charges
Miami-Dade State Attorney Katherine Fernandez Rundle described the case as an “intricate fraud case,” where Arzumanov served as the board president of the condo building, as well as the property manager and chief engineer. Investigators say he used “threats and fear as a means to maintain control.” Aventura Police Chief Michael Bentolila stated, “He took over, not just the building, but all, everything going on around the building, every asset used in and around the building. It was a complete takeover. I’ve never seen anything like this in my entire career.”
New Federal Charges
Arzumanov has already been accused of stealing more than $1.5 million dollars from his fellow residents, spending it on things like art and airplane fuel. However, as he awaits trial on those state charges, he’s now been hit with federal charges. In the new case, prosecutors say he was not acting alone. An additional $726,251 disappeared from condo funds, leading to the recent indictment of Arzumanov and another person on federal wire fraud charges.
Co-Defendant and Investigation
The co-defendant’s name has not been released because the individual “has not yet been arrested.” However, Robert Hills, a condo owner, remembers questioning Arzumanov about the missing money and the person involved. Hills said, “He said, ‘Well, he’s left the country and don’t worry, we have insurance.’” Now, it’s Arzumanov who has plenty to worry about.
Reaction and Next Steps
After his arraignment on Monday, Arzumanov had no comment on camera. When asked if he had any reaction to the new federal indictment or if there was anything he would like to say to his fellow unit owners, he remained silent. Arzumanov has pleaded not guilty in both his federal and state criminal cases.
Conclusion
The case of Gregori Arzumanov serves as a reminder of the importance of accountability and transparency in condominium management. The investigation and subsequent charges highlight the need for condo owners to remain vigilant and proactive in monitoring the financial activities of their buildings.
FAQs
- Q: What are the charges against Gregori Arzumanov?
A: Arzumanov is charged with federal wire fraud, in addition to previous state charges of stealing over $1.5 million from condo owners. - Q: Is Arzumanov acting alone in the federal charges?
A: No, prosecutors say he was not acting alone, but the co-defendant’s name has not been released. - Q: What is the total amount of money missing from condo funds?
A: An additional $726,251 disappeared, bringing the total to over $2.2 million. - Q: How can condo owners protect themselves from similar situations?
A: Condo owners should regularly review financial statements, attend board meetings, and report any suspicious activity to the authorities. - Q: What is the current status of Arzumanov’s case?
A: Arzumanov has pleaded not guilty in both his federal and state criminal cases and is awaiting trial.
