Saturday, April 4, 2026

Eric Adams Friend Zhan Petrosyants Arrested and Bail for Auto Insurance Fraud in SDNY with GPS to Jersey

SDNY COURTHOUSE, April 1 - Since the US Department of Justice indicted, then dropped its case against, Eric Adams, its Southern District of New York US Attorney's Office has brought a number of case against Adams officials and friends.

  On April 1 Inner City Press was in the SDNY Magistrates Court when defense counsel for a close Adams friend, Zhan Petrosyants also known as Johnny, was at the front table chatting with the prosecutor.  There was no one else in the courtroom gallery.

  The presentment and arraignment were delayed because the Pre-Trial Services report was not ready. Inner City Press checked on PACER and the indictment of Zhan Petrosyants was already there: fraud, aggravated identity theft (two year consecutive minimum, if not traded away) and money laundering.

   Finally the report arrived, and the proceeding began. Inner City Press live tweeted it, here:

Woman who's been waiting here in the courtroom is now told to go to 26 Federal Plaza and "pick up his luggage" - hmm. She will not be bringing the luggage back to the courthouse, but is told (by lawyer) to "call an Uber for your husband." Waiting for judge

OK - Zhan "Johnny" Petrosyants is brought into the courtroom by two US Marshals.
All rise!
The Honorable Ona T. Wang!
Judge: Time of arrest?
AUSA: Last night 9:30 pm at JFK Airport

Judge: You have the right to remain silent... You have the right to consular notification, in some cases a treaty requires it. This is a four count indictment...Fraud and ID theft and money laundering.
Defense: Plea of not guilty

Judge: I understand you have a bail package?
AUSA: Defendant wishes to be released today - we are willing, as long as Pre-Trial can install a GPS monitor. Reside with wife in [ ] Edgewater, NJ, $1 million bond, secured by sister in law's house [ ] Saddle RIver NJ

AUSA: We are aware of two passports and we have them. Surrender of passports of his wife and [ ] children, to the degree they have them. Conditions met by April 8. No new accounts or businesses without pre-approval by pre-trial services

AUSA: No possession of the personal identifying information of others, with the exclusion of his family.
Defense: He only has two passports, for the record.
Judge: I accept the recommendations.

Adjourned

More details on X for Subscribers here and Substack here

The case is USA v. Petrosyants, 1:26-cr-122 (Marrero / Wang)