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Article: Arms Dealer Pleads Guilty To Fraud
- Article from:
- AP Online
- Article date:
- March 20, 2001
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AP Online
03-20-2001
Arms Dealer Pleads Guilty To Fraud
LOS ANGELES (AP) -- An international arms dealer once imprisoned for conspiring to smuggle weapons into Iraq has pleaded guilty to bank fraud.
Sarkis Soghanalian, 72, entered the plea Monday. He faces a maximum five years in prison in a stolen check scam that netted $250,000, but prosecutors agreed to recommend leniency in exchange for his testimony in a related case.
U.S. District Judge Ronald S.W. Lew set sentencing for June 4 and freed Soghanalian on his own recognizance.
Soghanalian went to prison in 1992 after being convicted the previous year of conspiring to sell combat helicopters and rocket launchers to Saddam Hussein during ...