A Los Angeles County real estate agent is facing criminal charges for allegedly trying to take advantage of wildfire evacuees by dramatically raising rent prices. Attorney General Rob Bonta announced that Lar Sevan Chouljian is the second realtor to be charged in California for price gouging in the wake of the state’s devastating wildfires.
According to prosecutors, Chouljian attempted to rent out a Glendale property to a family forced from their home due to the Eaton Fire. However, instead of offering fair market value, he allegedly hiked the price by over 50%—far beyond the legal limit during a state of emergency.
Crackdown on Exploitation Amid Disaster
In an officially declared emergency, California law forbids businesses and landlords from raising rates by more than 10%. However, some people continue to try to exploit those who are in dire circumstances despite this. More than 650 warning letters have already been issued by the Attorney General’s office to hotels and landlords who may have raised prices unlawfully.
“This kind of greed will not be tolerated,” said Bonta. “We are committed to holding those accountable who seek to exploit vulnerable families in their time of need.”
What Happens Next?
Chouljian might spend up to a year in county jail and pay a $10,000 fine if found guilty. Landlords and property managers around the state are cautioned by this case that unlawful price increases during emergencies can have dire repercussions.
Californians are being advised by authorities to file a complaint online or call (800) 952-5225 to report any suspected price gouging.
