MIAMI BEACH, FLA. – Miami Beach Police have arrested three men in connection with an organized scheme to steal and resell high-end vehicles, resulting in an estimated loss of $300,000.
Yuriy Korotovskyy, 41, Arman Gevorgyan, 53, and Hrant Nazarian, 43, were taken into custody on charges including grand theft, dealing in stolen property, and conspiracy to commit organized fraud.
Miami Beach Police spokesperson Christopher Bess spoke with 7News about the investigation. “They present paperwork that seems legitimate, and they go away with the vehicle,” he said.
During their court appearance on Friday afternoon, the suspects required translators when they faced Miami-Dade Circuit Court Judge Mindy S. Glazer.
The investigation began on January 22nd, after police received a report of a stolen 2020 Rolls-Royce. The vehicle was slated to be transported from Miami Beach to a Michigan auto shop, but never arrived.
The Rolls-Royce owner, Nader Eldamouni, a Detroit-area resident, shared his experience with 7News. “The car is a $300,000 car, Rolls-Royce, gone,” he said.
According to the arrest report, detectives discovered a growing trend. “Over the past few weeks, detectives have been made aware of a new method on the rise for vehicles being stolen.”
Investigators said the criminals targeted dispatchers and transporters, altering delivery destinations. The arrest report states the suspects would “[reroute] the truck drivers upon them picking up vehicles posted for transport and [route] them to other locations.”
Police alleged that fraudulent shipping arrangements involved Armenian and Russian brokers who were rerouting these deliveries. A truck driver who cooperated with the investigation described unknowingly delivering stolen luxury vehicles, including a Rolls-Royce, a Lamborghini Urus, and an Audi R8, to various locations in Hallandale Beach, according to the police. Surveillance footage showed suspects following the stolen vehicles.
On Thursday, detectives coordinated a controlled delivery at a location in Aventura, where the suspects reportedly arrived in a Rolls-Royce Cullinan and a Bentley. The police observed Korotovskyy paying $700 for the delivery of an orange Lamborghini Urus, which was subsequently confirmed to be stolen. All three men were arrested at the scene.
Authorities stated that the suspects worked together to acquire and redistribute stolen vehicles. Before the theft of Eldamouni’s Rolls-Royce, Steve Phelan, a resident of Houston, Texas, told 7News that his Ferrari was also rerouted, ending up in Miami.
Both Eldamouni and Phelan alerted 7News to the crimes after viewing previous reports on similar schemes dating back to last summer.
Police are actively working to arrest more individuals involved and offered advice to car owners who are having their vehicles transported. “Either utilize a GPS tracking system, call the dealer, ask them to have a tracking mechanism inside the vehicle, and just do your very best to ensure that your assets are protected,” said Bess.
As of Friday night, Miami Beach Police confirmed that Eldamouni’s Rolls-Royce had not been recovered. Copyright 2025 Sunbeam Television Corp. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.