Who is who in the article series on embezzlement of New York Life and French AXA Armenian Genocide Victims Settlement funds

Posted on April. 9. 2022

Executive Publisher / Managing Editor
USA Armenian Life Magazine
USA Armenian Life E-Newsletter
Hye Kiank Armenian Weekly

Recently, The Los Angeles Times began publishing scathing exposes on massive embezzelment of New York Life and French AXA Armenian Genocide Victims Settlement funds.

On March 23, two award-winning investigative staff writers at The Times, Harriet Ryan and Matt Hamilton wrote a comprehensive article titled “A ‘blood money’ betrayal: How corruption spoiled reparations for Armenian genocide victims.”

On April 2, Ryan and Hamilton wrote a follow-up article titled “Top CA lawmakers demand investigation of corruption in Armenian genocide victim payments.”

On April 5, they wrote another invetigative article titled “California State Bar will investigate Armenian genocide victim payments.”

Soon after The Times began publishing the articles, many members of the American Armenian community expressed support.

The USA Armenian Life TV on AMGA devoted its weekly program to The Times exposes.
As of press time, Tuesday April 5, The USA Armenian Life TV viewers and readers’ support and approval rate of the investigative article series continued to be high.

Key individuals who emerged as the main players in The Times stories are:

  • The three lead attorneys — Mark Geragos, Brian Kabatek and Vartkes Yeghiayan;
  • Although not personally named is the Primate of Western Diocese Archbishop Hovnan Derderian.
  • The administrator of the claims by Armenian Genocide victims’ heirs, Parsegh Kartalian, a close ‘associate’ Beverly Hils attorney Berj Boyajian;
  • Pacific Western Bank employee, Avedis Avo Markarian who deposited many of the fraudulent checks for lawyer Berj Boyajian.

Who is the glue that brought this team together?

Derderian is a longtime close ‘friend’ of Geragos and Kabatek.
At one time, Parsegh Kartalian served as the Treasurer of Western Diocese under Arch. Derderian.

The Beverly Hills attorney Berj Boyajian has long been an integral part of Western Diocese primate Arch. Derderian’s inner circle.

Pacific Western Bank employee, Avedis Avo Markarian has been longtime crony of Western Diocese primate Arch. Derderian. He ‘serves’ as Derderian’s proxy at the Pasadena-based Western Diocese’s St. Gregory Armenian Church. He is a longtime fixture on the St. Gregory Parish Council carrying out Arch. Derderian’s order.

Stay tuned.

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