An alleged Los Angeles con man indicted in August in connection with an ATM-skimming scheme in Waikiki was arrested this week in Seattle.

City Prosecutor Keith Kaneshiro said Armen Apoyan, 33, was arrested Tuesday in Seattle and charged with first-degree theft. His bail was set at $250,000, and he will be extradited to Honolulu for trial.

A co-defendant, Argishti Khachaturyan, 33, was arrested in September and extradited to Honolulu, where his Circuit Court jury trial is scheduled for the week of June 16. He is being held in Oahu Community Correctional Center unable to post bail of $250,000.

Both men were indicted Aug. 20, 2013, by an Oahu grand jury and charged with conspiracy and identity theft. The two allegedly arrived here from Los Angeles on Feb. 21, 2013, and later installed an "overlay skimming device" over the card-reader slot of a Central Pacific Bank ATM at 2250 Kalakaua Ave. The device was left on the ATM for three days and captured the account information of everyone who used the machine.

The men allegedly removed the device then made counterfeit ATM cards, which they used to withdraw money from the victims’ accounts at an ATM at The Modern Hotel at 1775 Ala Moana Blvd. and at several other ATMs in Honolulu and California.

Officials say financial losses connected to the scheme were in excess of $20,000, the statutory threshold for first-degree identity theft, which carries an automatic prison term of up to 20 years, according to Kaneshiro’s office.

Last year two other Los Angeles men Akop Changryan and Vardan Kagramanyan were each sentenced to 20 years for installing skimming devices on gas pumps. In that case, devices were installed on pumps at four Oahu gas stations in 2010. Account data were taken from 156 people, and more than $150,000 was stolen.

"America’s financial system in based on trust," Kaneshiro said. "The actions of the defendants threaten the very foundation of that system, and for that reason they will be extradited and prosecuted under Hawaii’s identity theft laws."