Plea Agreement — USA v. Margaryan et al (Dkt. 383, C.D. Cal.)

Summary

The plea agreement between Aksel Markaryan, aka "Axel Mark," and the United States Attorney's Office for the Central District of California in United States v. Markaryan, No. 2:25-CR-458-CV-3, filed September 23, 2026 as Document 383. The defendant agrees to plead guilty to count sixteen of the indictment, bank fraud under 18 U.S.C. § 1344(2), and the parties agree that restitution of at least $3,383,000 is due to the U.S. Small Business Administration. The USAO agrees to move to dismiss the remaining counts at sentencing. In the factual basis the defendant admits serving as the owner of the shell company Global Dynamic IT, opening its bank account and acting as the strawman purchaser of Global Ultimate Management in a scheme to obtain SBA-guaranteed Preferred Lender Program loans, including from First Internet Bank of Indiana.

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