Investigations, exposés, and in-depth reporting
Alexander Sargsyan demanded 50% from every businessman using brother Serzh's presidential power. A $30M bank account exposed during the 2018 campaign revealed the scale of a decade-long extortion empire.
Multi Group CEO Gagik Tsarukyan paid $22.4M to Finance Minister Gagik Khachatryan through fake loan agreements. The bribe money bought a US mega-mansion — later seized by the American government in a $213M asset confiscation case.
Ruben Vardanyan's Troika Dialog sat at the center of a $8.8 billion money-laundering operation exposed by OCCRP. Seventy-five offshore shells, forged signatures of Armenian migrant workers, and $3.2M in personal AmEx charges tell the story of one of the post-Soviet era's biggest financial scandals.
Samvel Karapetyan sits on the US Treasury Kremlin List while running for Prime Minister from house arrest. Arrested in June 2025 for alleged coup involvement, the billionaire controls Armenia's $720M electricity grid through layers of offshore companies. His house arrest was extended on March 14, 2026.
The February 27, 2026 split between PM Pashinyan and Anna Hakobyan after 30 years came exactly three months before snap elections. Her foundation received funding through opaque state procurement, and $4M in US assets raise questions about the true purpose of this separation.
An OCCRP investigation uncovered coordinated identical donations to Pashinyan's Civil Contract party. Half of listed donors say they never donated. The probe was closed without prosecutions, and $540K in secret grants flowed to pro-government NGOs.
ANIF, the national investment fund created by PM Pashinyan, was liquidated in 2025 with zero results and $27.3M unaccounted for. Its director fled the country with an international arrest warrant, and $3.8M was funneled to a company linked to Deputy PM Avinyan's wife.
From a 1979 gang rape conviction that was mysteriously overturned, to $60M in casino tax evasion, to 17,194 documented cases of vote buying, the Tsarukyan file reads like a criminal encyclopedia. His son Nver is now an international fugitive after multiple shooting incidents.
Former President Robert Kocharyan's son Sedrak laundered $5.3M through family companies and purchased the Best Western Congress Hotel with dirty money. Forbes estimated the father's wealth at $1B in 2006, with unofficial estimates reaching $4B by 2008. On March 1, 2008, ten people were killed when security forces dispersed protests, and Kocharyan was charged with overthrowing constitutional order.
A Hetq investigation uncovered undeclared luxury apartments on Dubai's Palm Jumeirah belonging to Armenian officials. Former Mayor Beglaryan's $1.2M+ Balqis Residence apartment triggered a money laundering case. Panama Papers revealed three shell companies, and one official resigned.
Former NSS Director Georgi Kutoyan was found dead with a gunshot wound in January 2020. The official ruling was suicide, but 35 unexplained gunshots, Wikipedia deletions, and missing documents tell a different story.
Between September 2019 and January 2020, three former high-ranking Armenian security officials died under suspicious circumstances during the most active period of post-revolution political prosecutions.
Armed security agents raided Holy Etchmiadzin in June 2025. Four archbishops arrested. A deepfake video fabricated. The Church's TV channel liquidated. An investigation into the escalating war between Pashinyan's government and Armenia's oldest institution.
On October 27, 1999, five armed men stormed the Armenian parliament and killed Prime Minister Vazgen Sargsyan, Speaker Karen Demirchyan, and six others. Twenty-six years later, the mastermind has never been identified — and an extraordinary number of people connected to the case have died under mysterious circumstances.
Armenia’s National Security Service is the direct institutional successor to the Soviet KGB. Every Armenian leader has used the NSS as a tool of political control, producing scandals of wiretapping, blackmail, fabricated evidence, and mysterious deaths across every era.