Federal prosecutors say a Hollywood Hills man turned pandemic relief into a personal jackpot, and now he has admitted it in court.
Gevork George Dagliyan, 50, pleaded guilty in Los Angeles federal court to one count of wire fraud after authorities said he quietly steered more than $3.8 million in COVID-era small-business relief loans into his own pocket. The single felony count carries a statutory maximum sentence of 20 years in prison. A judge has set his sentencing for September 11, 2026.
According to court papers summarized in local reporting, Dagliyan used shell companies, cooked-up payrolls and padded business figures to trick lenders and the Small Business Administration into releasing funds. Prosecutors say he filed 17 applications to the Paycheck Protection Program and the Economic Injury Disaster Loan program between May 2020 and September 2021, inflating employee counts, revenues and payroll costs to unlock cash meant to keep real businesses afloat.
All told, the filings allegedly produced about $3.33 million in PPP loans and roughly $539,200 in EIDL funds, which investigators say went toward personal spending instead of legitimate business needs. As reported by 2 Urban Girls, the written plea agreement lays out the specific misrepresentations federal prosecutors say supported the fraud.
Shell Companies, Northridge Maildrops And A Paper Trail
Public Paycheck Protection Program recipient records show a trail that lines up with the entities named in Dagliyan’s plea. Business listings tied to Northridge mailing addresses include Ultimate Software Solutions, Dagliyan Co. LLC and Ramzes Enterprises, Inc., all of which appear in PPP data with approvals from the spring of 2020 in the same dollar ranges prosecutors describe.
Those entries mirror a pattern federal investigators have flagged in other PPP fraud cases, where lightly documented or shell companies suddenly reported robust payrolls on paper while leaving almost no footprint in the real world. According to data compiled by PPP Directory, several of the company names that appear in the federal filing show corresponding loans and Northridge addresses that match up with the conduct described in the plea.
What Comes Next In Federal Court
Under the plea agreement, Dagliyan admitted that he used falsified documents both to obtain the loans and to seek forgiveness of them. Court papers also state that some of the proceeds were paid to an ex-wife identified in the filings.
The wire fraud charge he admitted to carries a maximum penalty of 20 years in federal prison. Sentencing is scheduled for September 11, 2026, and the agreement requires the court to weigh the U.S. Sentencing Guidelines along with any restitution and forfeiture that prosecutors seek at that hearing. How much time he actually serves, and how much money the government ultimately claws back, will be decided at that proceeding.
Federal officials have been busy on that front nationwide. The Justice Department has highlighted similar cases in which investigators say fraudsters used sham businesses and fake payrolls to tap COVID-relief programs, recovering millions of dollars in the process, according to a recent Justice Department release. The Small Business Administration’s Office of Inspector General has also spent the last year publicizing pandemic-relief enforcement actions, underscoring what officials describe as a long-haul effort to untangle fraudulent applications and reclaim misused funds.
Reporting note: Hoodline had no prior coverage of this specific plea. This story draws on a local dispatch that summarized the case, along with our review of public PPP loan compilations and court index listings that align with the company names, Northridge addresses and loan ranges described in the plea documents.
