GLENDALE ? A United States District judge sentenced a 43-year-old Van Nuys man to 37 months in prison Wednesday for an investment scam that bilked about $20 million from about 200 people, many of whom are from Glendale and Burbank, said officials with the United States Attorney's Office.
Melkon Gharakhanian, whose alias was Mike Garian, pleaded guilty in January to one count of felony federal mail fraud, United States Attorney's Office spokesman Thom Mrozek said.
"The court imposed an appropriate sentence," Assistant United States Atty. Michael R. Wilner said. "Mr. Gharakhanian will not be able to defraud other victims for a long time, and it's an appropriate ending to this case."