In Part 7 of this investigation, OWL asked the public a question: who is Petrosyan Vahe, the person who paid $480,000 to Albina Movsesyan? Today, we have an answer.
His full name is Petrosyan Vahe Kamoyi. He was born on November 11, 1988. He is registered as a resident of Yerevan, District 12, Section 20. He has criminal cases for fraud and assault in Ararat Province -- the same province where police chief Artavazd Sargsyan commands the Artashat Division, and where the Movsesyan family's poultry factory operates.
He paid $480,000 to the wife of a former aviation chief whose daughter works at the Criminal Court of Appeals. He is not in any government database. He has no registered companies. On paper, he barely exists -- except for the half million dollars he sent to the Movsesyan family.
How We Found Him
Albina Movsesyan's CPC declaration (3_160448) lists a payment of $480,000 from "Petrosyan Vahe" -- no patronymic, no address, no identification number. Just a name and a number.
OWL's earlier search of datalex.am revealed a Vahe Petrosyan with patronymic KAMOYI facing criminal charges in Ararat Province:
| Case Number | Year | Charge | Location |
|---|---|---|---|
| AVD/0087/01/13 | 2013 | Fraud | Ararat Province |
| AVD/0165/01/21 | 2021 | Assault | Ararat Province |
Cross-referencing with publicly available citizen registration records confirmed the match: Petrosyan Vahe Kamoyi, born November 11, 1988, registered in Yerevan District 12. The patronymic KAMOYI is distinctive -- his father's name is Kamo. There is only one Vahe Petrosyan Kamoyi in the available records.
The Ararat Triangle -- Updated
With Petrosyan Vahe's identity confirmed, the geographic pattern becomes undeniable:
Person 1: Artavazd Sargsyan Sedraki -- Head of Artashat Police Division, Ararat Province. Annual salary: $15,000. Paid Albina Movsesyan: $300,000 (20x his salary). CPC declaration: 5_168479.
Person 2: Petrosyan Vahe Kamoyi -- Born 1988, registered Yerevan. Criminal cases for fraud (2013) and assault (2021) in Ararat Province. Paid Albina Movsesyan: $480,000. Not in any government database.
Connection: Trchnafarika Getamej 2016 SPE -- The Movsesyan family's poultry factory in Ararat Province. Received $2.78 million in zero-interest loans from Albina and Mari Movsesyan.
Total from Ararat connections: $780,000 per year to one family.
Petrosyan Vahe lives in Yerevan but has criminal cases in Ararat. He travels to Ararat Province for whatever activity generated fraud and assault charges. And he pays almost half a million dollars to a family whose member sits at the Criminal Court of Appeals -- the court that handles criminal appeals from all provinces, including Ararat.
The $480,000 Question
Where does a 37-year-old with no registered companies, no government position, and no public profile get $480,000?
For context: $480,000 is approximately 192 million Armenian Dram. The average Armenian annual salary is about $5,000. Petrosyan Vahe's payment to Albina equals 96 years of average salary.
He is not in the CPC database -- meaning he has never been required to declare assets. He is not in the e-register -- meaning he has no formally registered companies. Whatever business generates this money operates outside the official system.
The Car Scam and the Flight From Armenia
Court records from datalex.am reveal the full story of Petrosyan Vahe's 2013 fraud case (AVD/0087/01/13, Judge Rubik Mkhitaryan).
In 2013, at age 24, Vahe borrowed 1,500,000 AMD from a Yerevan resident named Avag Hakobyan. He used this money as a down payment at "Global Motors" CJSC to purchase a VAZ 21214 (Lada Niva) on a 24-month installment plan. After registering the car in his own name, he offered to "sell" it to Hakobyan -- but gave him only a power of attorney, not actual ownership. He then convinced Hakobyan to pay him an additional $3,000 USD plus 200,000 AMD.
Then Vahe fled Armenia with the money.
Total stolen: approximately $3,500. The charge: large-scale fraud under Article 178, Part 2 of the Armenian Criminal Code.
The Hammer Attack in Ararat
The 2021 assault case (AVD/0165/01/21) reveals something equally important -- not just what Vahe did, but where he did it.
On August 20, 2021, at approximately 7:00 PM, in Baghramyan village, Ararat Province, a neighbor named Vazgen Vardanyan was removing an iron pole from the ground between his property (house 11) and the Petrosyan property. Vahe confronted him, grabbed a hammer, and struck Vardanyan on the right hand and shoulder, then pushed him to the ground.
The location is critical: Baghramyan village, Ararat Province. Vahe is registered in Yerevan (Charents Street 9), but the assault happened at the Petrosyan family's property in Ararat -- the same province where:
- Police chief Artavazd Sargsyan commands the Artashat Division
- The Movsesyan poultry factory "Trchnafarika Getamej 2016" operates
- Both of Vahe's criminal cases were filed
In 2013, Vahe Petrosyan was scamming a man out of $3,500 through a car fraud scheme and fleeing the country.
By 2023, he was paying $480,000 to Albina Movsesyan.
That is a 137-fold increase in 10 years. What happened between the car scam and the half-million dollar payment?
The Pattern
Two people with connections to Ararat Province pay a combined $780,000 per year to Albina Movsesyan:
| Payer | Amount | Ararat Connection | Criminal Cases |
|---|---|---|---|
| Artavazd Sargsyan (police chief) | $300,000 | Commands Artashat Division | None found |
| Petrosyan Vahe Kamoyi | $480,000 | Fraud + Assault cases | AVD/0087 + AVD/0165 |
| Total | $780,000 | Both connected to Ararat Province | |
One is the police chief who controls which cases get investigated. The other is a criminal defendant in that same jurisdiction. Both pay the family whose daughter works at the court that handles appeals.
What We Still Don't Know
OWL has identified Petrosyan Vahe Kamoyi. We know his date of birth, his registration address, his criminal record, and the amount he paid. What we do not yet know:
- What business generates $480,000 in income for someone with no registered companies?
- What were the specific circumstances of his fraud and assault cases?
- Were those cases resolved -- and if so, how?
- Does he have a direct relationship with Artavazd Sargsyan (the police chief)?
- Who is his father Kamo Petrosyan, and does the family have other assets?
OWL continues to seek information about Petrosyan Vahe Kamoyi.
If you know him, his family, his business activities, or his connections to the Movsesyan family or Artashat police -- contact us anonymously.
Secure tip form -- owlorganization@proton.me
Your identity will be protected.
The Investigation Continues
This is Part 8 of OWL's Movsesyan investigation. The previous seven parts documented: the $14.5 million fortune (Part 1), the police chief's $300,000 payment (Part 2), Artyom's 12-year aviation career (Part 3), the conflict of interest at the appeals court (Part 4), the GDCA corruption ring with Vienna shell companies (Part 5), the family's survival across three governments (Part 6), and the court cases that prove it all (Part 7).
Part 7 asked who Petrosyan Vahe was. This article answers: he is a 37-year-old from Yerevan with criminal cases in Ararat Province and $480,000 in unexplained payments to a corruption-linked family. The next question is not who he is -- but what the money was for.
All data in this article comes from official Armenian government sources: CPC declarations, datalex.am court records, and publicly available citizen registration records. Case numbers are verifiable on datalex.am.
The Movsesyan Investigation -- All Parts
- Part 1: The Judge's Assistant ($14.5 Million)
- Part 2: The Police Chief Who Paid $300,000
- Part 3: The Aviation Chief -- 12 Years of Power
- Part 4: Father Prosecuted, Daughter at Court
- Part 5: The GDCA Corruption Ring
- Part 6: Three Presidents, One Family
- Part 7: The Respondent at the Appeals Court
- Part 8: The $480,000 Ghost Identified (You Are Here)