Miami-Dade State Attorney Katherine Fernandez Rundle, Aventura Police Chief Michael Bentolila and Aventura Mayor Howard Weinberg were expected to hold a news conference Tuesday afternoon to give more details on the arrest
The president of a luxury condo association in Aventura has been arrested for allegedly embezzling over $1.5 million from the association, authorities said.
Gregori Arzoumanov, the president of the Turnberry On the Green Condominiums, a luxury high-rise overlooking the exclusive Turnberry Isle Country Club and across the street from Aventura Mall, was arrested Tuesday, records showed.
Miami-Dade jail records showed the 62-year-old Arzoumanov was booked Tuesday morning on charges including racketeering, organized fraud, money laundering, grand theft, and fraudulent use of a credit card.
According to the association's website, Arzoumanov has lived at Turnberry on the Green since 2004 and was elected board president in 2008.
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Video posted on X Tuesday appeared to show Arzoumanov being led out of the building in handcuffs.
At a news conference Tuesday afternoon, Miami-Dade State Attorney Katherine Fernandez Rundle said Arzoumanov embezzled over $1.5 million from the association dating back to February 2017.
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"Although everything appears wonderful at the Turnberry on the Green Condominiums, it turns out there was trouble in paradise," Fernandez Rundle said.
