Hollywood producer extradited to Armenia on fraud charges
He is accused of fraud for $50 million.
Producer of several Hollywood blockbusters Stepan Martirosyan, who was detained in late 2017 at the Domodedovo airport in Moscow, has been extradited to Armenia on September 6. This was reported on Tuesday, September 11, on the website of the Armenian police.
The department also stated that Martirosyan was arrested in absentia on charges of fraud. According to investigators, the producer appropriated about $50 million of $100 million allocated for the purchase of rights to films from the owner of Armbusinessbank, Vitaly Grigoryants.
As the CrimeRussia wrote, the Supreme Court of Russia recognized legitimate the decision of the Prosecutor General's Office to extradite Martirosyan, who worked with such Hollywood stars as Mark Wahlberg and Arnold Schwarzenegger.
The complaint on the decision of the supervisory authority on the extradition of Martirosyan to Armenia has been reviewed repeatedly by the Supreme Court. For the first time, in April, the decision of the Moscow City Court to extradite the producer to Armenia was cancelled and sent for re-consideration.
The defense tried in every possible way to delay the process: lawyers asked to attach complaints of Martirosyan’s sister regarding threats by unknown persons. Later, lawyers tried to cancel the decision of the Prosecutor General's Office due to procedural violations.
Defenders insisted that Armenia has no grounds to demand the producer’s extradition, since the case brought against him "violates territorial jurisdiction and is fabricated."
However, the court found the initiation of the criminal case in Armenia lawful, since the head office of the injured party, Armbusinessbank, is located in Yerevan, Armenia.
In late June 2019, the management of Development Corporation Joint Stock Company established in 2012 on the basis of Industrial Urals–Polar Urals Open Joint Stock Company was changed. This infamous corporation was repeatedly involved in corruption scandals. Notorious oiler and millionaire Sergei Maslov was its General Director in 2013–2016. In fall 2016, Maslov was arrested for embezzlements – but somehow, the court acquitted him. Immediately after the acquittal, he relocated abroad. The CrimeRussia reviewed the main ‘failures’ of the ‘unsinkable’ corporation, shady schemes pulled off by Maslov and his partners, and connections of the oligarch who has made enormous money on governmental projects. Surprisingly, but the information presented below hasn’t attracted the attention of the law enforcement authorities yet.