WASHINGTON, April 24 -- The U.S. Department of Justice's U.S. Attorney's office for XXXXXX (insert district) issued the following press release:
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. On August 18, 2025, LUSHER pled guilty to one count of wire fraud.
"Today's 42-month sentence comes at the end of a too common story: a fast-talking fraudster promising exceptional returns but not giving investors basic information," said U.S. Attorney Jay Clayton. "Arsen Lusher lied to victims about the nature of his businessto ...