The person at the center of this case
Phet Loi Naovarath (fugitive)
Cold Case · Open - Wanted Fugitive
14 years waiting · since 2012
PHET LOI NAOVARATH
Justice for Phet Loi Naovarath (fugitive) — the trail went cold in 2012, but the truth hasn't.
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Key leads to think about
🎯
suspect
Lead #1Where did Naovarath flee? Did he travel to Laos, Los Angeles, or remain in Nevada?
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vehicle
Lead #2Naovarath enjoys fast cars and previously owned a Lamborghini; was such a vehicle used in his escape?
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contact
Lead #3Who assisted Naovarath in his flight from Las Vegas and his family?
Phet Loi Naovarath orchestrated a massive real estate fraud scheme from 2005 to 2007, defrauding FDIC-insured banks and members of Nevada's Laotian community of over $10 million by using victims' identities to purchase and flip high-end Las Vegas properties. Sentenced to 33 months in federal prison, Naovarath fled Las Vegas in May 2012 before reporting to serve his sentence, leaving behind his wife and two children. His current whereabouts remain unknown, though he may have fled to Laos, Los Angeles, or other Nevada locations, and investigators seek information on his escape and any assistance he received.
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More leads to consider
Beyond the top three above — each detail below could be the thread that pulls this case open.
🔍
evidence
Lead #4How many properties were fraudulently purchased in the upscale Las Vegas community, and where are the records?
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person
Lead #5Have associates or family members had contact with Naovarath since his disappearance in May 2012?
Have information about any of these leads?
Even the smallest detail could be the key to solving this case.
Official wording
Source Narrative
Escape Caution: Phet Loi Naovarath is wanted for his involvement in a fraudulent scheme that victimized multiple FDIC insured institutions, as well as many individuals within his own Laotian community in Nevada, from 2005 to 2007. Naovarath promised the Laotian victims that they would be "investment partners" on various Las Vegas properties that they would be purchasing.
However, instead of being a partner on a legitimate real estate transaction, Naovarath merely used their identities to buy and then quickly resell (flip) the high-end properties. In some cases, Naovarath used the same buyer to purchase several properties, incurring millions of dollars in mortgage debt.
Most, if not all, of the properties within one entire up-scale Las Vegas community were purchased in the same fraudulent manner, resulting in numerous foreclosures and losses exceeding $10 million. Naovarath used the ill-gotten gains to support his lavish lifestyle.
Several of Naovarath's co-conspirators pled guilty and were subsequently sentenced. Due to the overwhelming evidence against him, Naovarath pled guilty and was sentenced to 33 months in federal prison.
In May 2012, just before reporting to the Bureau of Prisons to begin serving his sentence, Naovarath fled Las Vegas, leaving behind his wife and two young children. On June 15, 2012, a federal warrant was issued for Naovarath's arrest.
Remarks: Naovarath enjoys fast cars and previously has owned a Lamborghini. Naovarath may have travelled to Laos; Los Angeles, California; and Las Vegas and Pahrump, Nevada.
Timeline of Events
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2005-01-01
Fraudulent scheme begins
Naovarath begins defrauding FDIC-insured institutions and Laotian community members through real estate identity fraud
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2007-12-31
Scheme ends
Fraudulent real estate scheme concludes; over $10 million in losses incurred
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2012-05-01
Fugitive escape
Naovarath flees Las Vegas before reporting to federal prison to serve 33-month sentence
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2012-06-15
Federal warrant issued
Federal warrant for arrest issued for Naovarath's failure to report to Bureau of Prisons
Key Locations
Interactive map showing important locations related to this case
Case Information
Incident:January 1, 2005
Last Updated:June 14, 2026
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Case Information
Incident:January 1, 2005
Last Updated:June 14, 2026