President of Aventura Condominium Association Charged with Money Laundering to Settle Bail Using Stepdaughter’s Bank Account – WSVN 7News | Miami News, Weather, Sports

AVENTURA, FL. (WSVN) – – A former president of an Aventura condominium accused of a long list of crimes is hoping to be released from prison.

After spending weeks behind bars, a judge allowed Gregori Arzumanov to return to the same apartment from which prosecutors say he stole.

Dressed in orange, Arzumanov appeared in court on Monday morning.

“Let’s address Nebbia,” said the judge.

The judge had to make sure that the money he used to get himself released from prison did not come from the alleged crimes that had landed him in prison in the first place.

“The defense presented several bank records,” said Assistant State’s Attorney Elvia Medina Marcus.

It was revealed in court that the deposit would come from Arzumanov’s stepdaughter’s bank account and not his own.

The former president of Turnberry on the Green Condominium in Aventura is accused of stealing more than $1.5 million from the association and using the money for things like artwork and jet fuel for flying lessons.

“He took over not just the building, but everything that was going on around the building, all the assets that were being used in and around the building,” Aventura Police Chief Michael Bentolila said. “It was a complete takeover. I’ve never seen anything like this in my entire career.”

Money is at the center of this case, which Aventura police investigated for four years before Arzumanov was led from the apartment lobby in handcuffs.

7 Investigations last week raised questions about a $15,000 check the association paid in April to the law firm now representing Arzumanov in his criminal case.

“I told the state that if it turns out that the check was somehow misspelled, I will refund the money,” said Sam Rabin, Arzumanov’s lawyer.

Arzumanov pleaded not guilty Monday to all charges, including racketeering, organized fraud and money laundering.

“Just to confirm: the passports were surrendered?” said the judge.

“Yes, Judge,” Rabin said.

“Satisfied, the bail can be posted,” the judge said.

Arzumanov’s bail was set at $350,000, meaning he must pay $35,000 to get out.

Copyright 2024 Sunbeam Television Corp. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.