Encino (Calif.) resident Richard Ayvazyan and several members of his family were among those found guilty of a scheme to take out more than $18 million in COVID-19 relief loans.

CBS Los Angeles reports federal jury found Richard Ayvazyan, 42; his wife, 37-year-old Marietta Terabelian; his brother, 41-year-old Artur Ayvazyan, and in-law Vahe Dadyan, 41, of Glendale, guilty Friday of bank fraud, wire fraud and money laundering. Artur Ayvazyan was also found guilty of aggravated identity theft.

Prosecutors say the four used fake, stolen and synthetic identities – like the created identities of “Iuliia Zhadko” and “Viktoria Kauichko” – to send in fraudulent applications for Paycheck Protection Program, or PPP, and Economic Injury Disaster Loan, or EIDL, relief funds. The applications often were submitted with fictitious documents, including fake identity and tax documents and payroll records, according to the Department of Justice.

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Top photo: Richard and Artur Ayvazyan