NV Senate candidate admits to owing businesses $70K - FOX5 Vegas - KVVU

NV Senate candidate admits to owing businesses $70K

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Nevada state Senate candidate Arsen Ter-Petrosyan appears in this image from Sept. 9, 2016. (Source: FOX5) Nevada state Senate candidate Arsen Ter-Petrosyan appears in this image from Sept. 9, 2016. (Source: FOX5)
LAS VEGAS (FOX5) -

Arsen Ter-Petrosyan lives in North Las Vegas, and if you live in District 1, he wants to be your state senator.

“I’m like the true example of a Republican, one that really cares for people,” he said.   

But multiple local business owners reached out to FOX5 claiming Ter-Petrosyan, who goes "Arsen-T," owes them tens of thousands of dollars. We asked him about the money. He didn’t deny it.

“I do owe them money,” he said.

When FOX5 asked him if he wrote bad checks he said he just didn’t have enough money in his accounts but refused to elaborate further on how his finances got into trouble.

According to him, the only money he owes is from a July 2 campaign fundraiser. He said it cost him $70,000 and that he has not paid any of it back. FOX5 political analyst Mark Peplowski is also the owner of Signs of Nevada. He said Ter-Petrosyan owes him money, but not from that event.

According to Peplowski, his unpaid bill is $12,000, adding the candidate wrote him checks that bounced.

“He kept saying, ‘Tomorrow, tomorrow, I’ll have it Friday, I’ll have it Monday,'” Peplowski said.

When FOX5 spoke to Ter-Petrosyan on Friday, he said he would have that $70,000 paid back by the end of the weekend. As of Monday afternoon, no one had been paid.

“I will be paying them, OK?” Petrosyan told us by phone. “I’m just having deals that are not coming through.”

FOX5 also pulled the election forms he has filed with the Nevada Secretary of State. On the forms, he claims around $85,000 in contributions for the first six months of this year. During our interview he told us he’d only been given two donations: one for $200 and another for $1,000.  

For the first-time candidate, the money owed is a learning experience, something he says voters can relate to.

“Voters should be happy about it," he said. 

Peplowski, and another business owner who did not want to be identified, said they both plan to file suit against Ter-Petrosyan.

Ter-Petrosyan is running against incumbent Pat Spearman.

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