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Four men arrested in SLO after allegedly using fraudulent credit cards

Hakob Vardanyan, 29, of Glendale was arrested Thursday, May 20, 2010, on suspicion of commercial burglary, possession of stolen property, theft of access cards or access card information and use of fraudulent access cards or access card information. Original story »Plea: No contest to one count of acquisition of access cards, ten counts of burglary, and one count receiving/possessing stolen access cards.What's next: Sentencing scheduled for 1/04/11.
Hakob Vardanyan, 29, of Glendale was arrested Thursday, May 20, 2010, on suspicion of commercial burglary, possession of stolen property, theft of access cards or access card information and use of fraudulent access cards or access card information. Original story »Plea: No contest to one count of acquisition of access cards, ten counts of burglary, and one count receiving/possessing stolen access cards.What's next: Sentencing scheduled for 1/04/11.

Four Southern California men were arrested Thursday after San Luis Obispo police say they used fraudulent credit cards to make numerous purchases.

Hamlet Ramazyan, 23, Hakob Ghazarya, 26, Hakob Vardanyan, 29, all of Glendale, and Khackik Mkrtchyan, 26, of North Hollywood were arrested Thursday afternoon in the parking lot of Home Depot at 1550 Froom Ranch Road in San Luis Obispo.

Authorities say the four men bought several items using fraudulent credit cards at stores in San Luis Obispo, Arroyo Grande and Santa Maria.

Representatives for the businesses provided descriptions of the four men and their vehicle, which allegedly contained several purchases, counterfeit credit cards and counterfeit identification.

The four men were arrested on suspicion of commercial burglary, possession of stolen property, theft of access cards or access card information and use of fraudulent access cards or access card information.

They were taken to County Jail. Bail was set at $20,000.

An investigation is ongoing. Police say the men are believed to be part of an orchestrated fraudulent credit card ring.

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