Summary

A sophisticated identity theft scheme has resulted in a Burbank homeowner losing their $1.5 million property and three arrests, with a fourth suspect still at large, federal authorities announced on Thursday (February 12). According to a news release from the U.S. Department of Justice , Glenis Cardona , 63, of Highland, Ivan Reyes , 50, of Van Nuys, and Arshak Akopyan , 46, of Northridge were arrested on February 11. The fourth suspect, 54-year-old Basil Tikriti of Marina del Rey, remains a fugitive.

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