Arsen Canaj has pleaded guilty in a case involving roughly $438,000 worth of diamonds, precious gems, and jewelry connected to four individuals.
Manhattan District Attorney Alvin Bragg announced Canaj’s guilty plea in a post from Alvin Bragg.
. Bragg added that Canaj “faces time in state prison for his conduct” and said “those who defraud New York's businesses will be held accountable,” per the same announcement.
The case involved roughly $438,000 in gems and jewelry connected to four individuals.
Case Details
The case involved jewelry and precious stones.
The case involved roughly $438,000 in gems and jewelry connected to four individuals.
Guilty Plea
Canaj pleaded guilty.
Under New York law, grand larceny in the second degree is codified at Penal Law § 155.40, which applies when a person steals property under specified conditions, according to the New York State Senate's statutory text. Bail jumping in the second degree falls under Penal Law § 215.56, which covers a person released from custody by court order who violates the related obligation, per the same source.
Sentencing
Canaj is expected to receive a promised prison term of 2-to-6 years.
