Skip to main content

PART II: The Bogus Criminal Complaint

Skype Me™!

As a Lawyer and Corporate Counsel for Global Gold, VAN KRIKORIAN knows very well what the difference between a civil and criminal matter is.

Van Krikorian also knows that filing a criminal complaint to gain advantage in a civil complaint is not only unethical and a breach of his professional conduct as a member of the bar, in this case it is attempted extortion.

What was the "BOGUS" Criminal Complaint?

That I stole 100% of the Shares of Marjan Mining Company from Global Gold, a theft equivalent to $2.850,000. 

Unbelievable! You enter into a transaction in New York. The resolutions are passed and all shares are transfered to the JV, and then he claims I stole 100% of the shares when I transfered them to the JV which I control 55% and Van Krikorian controls 45%. So how did I steal 100% of the shares?

Below is the Copy of the translation and the official "DECISION TO INSTITUTION OF CRIMINAL PROCEEDINGS" signed by deputy prosecutor Mr. A. Afandyan.

The Deputy Prosecutor A. Afandyan was obviously corrupted by Van Krikorian and his agents in Armenia. There is no other reasonable explanation.

The Police after a 10 month investigation found no evidence of a constitution of a crime and the complaint is of a civil nature.  You think the Prosecutor's Office couldn't figure it out immediately?

"From any set of equally probable explanations, we should assume the one which makes the fewest fundamental assumptions is correct, until we have reason to believe otherwise".

Just read the decide!

My lawyer in Armenia had the same opinion, that the Prosecutor is being mislead or worse.

THE NET EFFECT OF FILING A BOGUS CRIMINAL COMPLAINT, which was authorized by VAN KRIKORIAN, was for Caldera to walk away.

I believe under the letter of the law this is an attempt of EXTORTION. See my earlier blog posting at

He filed this complaint in early September 2010, weeks before he unilaterally terminated the JV, on October 7, 2010.


Popular posts from this blog

Clear and Apparent Fraud at GBGD and Toukhmanuk Gold Mine

On July 5, 2013, GBGD and Mr. Van Krikorian (President and CEO) signed a deal with Linne Mining to act as the CONTRACT MINER for the development of its Toukhmanuk Gold Mine, in Armenia.
By November 2015, Van Krikorian announced in its SEC quarterly filings (10-Q), that the Toukhmanuk project was delayed because the contract miner "requested" to be relieved of its obligations under the mining contractagreement.

To this date, Van Krikorian has failed to post a copy of Linne Mining's letter or provide any clarification to investors, why Linne Mining requested to be "relieved" of it obligations. 

Three months later, the reason for Linne Mining's actions have started to become crystal clear. Linne has been swindled by Van Krikorian and GBGD. There is no gold worth mining at the Toukhmanuk Gold Mine. Here is the proof.

Two documents, which were prepared for Linne Mining, surfaced on the web last week. These two documents outline that the database provided by GBGD and…


That's what Mr. Van Z. Krikorian said to me and my brother (John Mavridis) in October 2010 while we were trying to resolve the dispute between Global Gold and Caldera.  Little did I know that he was serious and that his scheme was already put in place weeks before!

Mr. Van Z. Krikorian, the Corporate Counsel of Global Gold Corporation, authorized his lawyer in Armenia Mr. Hrayr Ghukassyan, to file a criminal complaint against me for theft and fraud on September 15, 2010, for allegedly stealing the shares of Marjan Mining Company.

Below is the signed complaint filed by Global Gold Mining, the subsidiary of Global Gold Corporation (GBGD) that was filed with the Prosecutor of Yerevan City, Mr. Badalyan.

Translated from Armenian

To: Mr. Badalyan,
Prosecutor of Yerevan city

From: Hrayr Ghukasyan
Global Gold Mining LLC
Representative of the Armenian Branch

Address: 2a/2 Tumanyan, Yerevan, Republic of Armenia Tel: 010 52-94-18, 093 988-797
Consider and report to: