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Armenian businessman and philanthropist Levon Hayrapetyan dies aged 68

Armenian businessmen and philanthropist Levon Hayrapetyan passed away this morning aged 68.

His last wish was to be buried next to his relatives, Moscow-based journalist Vahe Avanesyan informs in a Facebook post.

In early October 2014, Airapetyan was placed under house arrest. His defense attorney asked the court to release him, citing health problems.

Levon Hayrapetyan was arrested in Russia in July 2014 and was sentenced to four years in prison for embezzlement of $700,000.

In early October 2014, Hayrapetyan was placed under house arrest. His defense attorney asked the court to release him, citing health problems.

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