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New Jersey Man Sentenced To 42 Months For $9 Million Fraud

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Case Summary

United States Attorney for the Southern District of New York, Jay Clayton, announced that ARSEN LUSHER was sentenced to 42 months in prison for perpetrating a scheme to defraud more than 20 investors of nearly nine million dollars. The scheme involved Lusher deceiving investors about the use of their funds, resulting in significant financial losses.

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New Jersey Man Sentenced To 42 Months For $9 Million Fraud

Media Coverage · April 24, 2026

Arsen Lusher was sentenced to 42 months in prison for perpetrating a scheme to defraud over 20 investors of nearly $9 million. The scheme was uncovered and Lusher was brought to justice by the U.S. Attorney for the Southern District of New York. This sentence holds Lusher accountable for his actions.

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Key Issues

  • scheme to defraud
  • 42 months in prison
  • nearly nine million dollars in losses
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Media Coverage 4 days ago
Arsen Lusher was sentenced to 42 months in prison for perpetrating a scheme to defraud over 20 investors of nearly $9 million. The scheme was uncovered and Lusher was brought to justice by the U.S. Attorney for the Southern District of New
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United States Attorney for the Southern District of New York, Jay Clayton, announced today that ARSEN LUSHER was sentenced to 42 months in prison by U.S. District Judge Dale E. Ho for perpetrating a scheme to defraud more than 20 investors of nearly nine million dollars.

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Case Timeline

1 event
newspaper
Media Coverage April 24, 2026

New Jersey Man Sentenced To 42 Months For $9 Million Fraud

Arsen Lusher was sentenced to 42 months in prison for perpetrating a scheme to defraud over 20 investors of nearly $9 million. The scheme was uncovered and Lusher was brought to justice by the U.S. Attorney for the Southern District of New York. This sentence holds Lusher accountable for his actions.

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Press Coverage

1 article
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Sources tracked

1 outlet · 1 article

Timeline events

1 record on file

Last updated

4 days, 3 hours ago

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