DENVER — Two Aurora men were indicted by a grand jury on organized crime activities Wednesday, announced the Colorado Attorney General.
Karen Gasparyan, 30, and Mohinder Grover, a 63-year-old pawn shop owner, were formally accused on Wednesday for violating the Colorado Organized Crime Control Act and participating in a pattern of racketeering, said Colorado Attorney General John Suthers.
The indictment accuses the two men of defrauding many Coloradans, pawn brokers and jewelry dealers by stealing and then reselling luxury items, said Suthers.
He added that the investigation began when a number of victims contacted law enforcement with information about felonious activities conducted by the two Aurora men.
Gasparyan and Grover now face felony charges for alleged crimes like check fraud, theft, insurance fraud and forgery, the indictment stated.
The indictment claimed that Gasparyan passed multiple large checks, totally in about $150,000, on a closed bank account, and said he stole an estimated $425,000 in jewelry, diamonds and watches from local dealers. Gasparyan then conspired with Grover to resell the stolen goods through Grover’s business, Gold Exchange, LLC.
Another charge alleged Gasparyan of pretending to be the owner of a car dealership in Commerce City, according to the indictment. The female victim suffered a $10,000 loss when Gasparyan took possession of her Acura, and sold it without the right to do so.
These were a few of several charges listed by the indictment that involved the two men in acts of organized crime and racketeering.
The Aurora Police Department, the Federal Bureau of Investigation and the Cherry Hills Police Department played huge roles in the investigation that led to filing the indictment, according to a release issued from the Attorney General’s Office.
“The range of crimes committed was elaborate and vast, yet through close coordination between law enforcement agencies, we’ve stopped Gasparyan and Grover from victimizing more Coloradans,” Suthers said.
Gasparyan is currently in custody at the Arapahoe County Jail, said the AG’s Office.
Grover was arrested on Feb. 14 and posted bond shortly after his arrest.
The case will be prosecuted in an Arapahoe District Court by the Colorado Attorney General’s Office.