In 1988, he was sentenced by the Perovsky Court of Moscow to one year of probation for several thefts. He, along with five accomplices, by trust or picking up keys, entered apartments, from where they removed televisions. Then the technique came true. Considering that Usherovich was 16 years old at the time of the crime, he got off with such a lenient sentence.

Owner of 28.33% in GC “1520” - one of the largest contractors of Russian Railways. In 2018, “1520” topped the Forbes rating of “Kings of Government Contracts.” The amount of contracts received from the monopoly was estimated at 218.2 billion rubles. The group of companies specializes in the design and construction of railways.

“1520” was involved, in particular, in the modernization of the Trans-Siberian Railway and the BAM; construction of a railway bypass of Ukraine (line Prokhorovka - Zhuravka - Chertkovo - Bataysk); reconstruction of the Moscow Central Circle (MCC), work on the railway line Tuapse - Adler, Sochi - Adler - Sochi airport - ski resorts; reconstruction of sections Moscow - St. Petersburg, Moscow - Nizhny Novgorod for high-speed traffic and other projects.

In addition to participating in the business of the 1520 Group of Companies, Usherovich was an active member of a group specializing in the raider seizure of other people’s property on an especially large scale, in particular banks, real estate, large enterprises, as well as cashing out and legalizing previously stolen budget funds. Its other participants are ex-adviser to the president of Russian Railways Andrei Krapivin (died in 2015 in Switzerland from cancer), chairman of the board of directors of Investbank Sergei Mendeleev and former vice-president of Incredbank and ex-president of HC Spartak Petr Chuvilin (in 2016 sentenced to four years in prison for fraud, died under strange circumstances on February 27, 2023 in a private clinic in Otradnoye).

Usherovich has repeatedly talked about his friends from the world of crime - in particular, about Maxim Kurochkin (Max Besheny), who was shot by a sniper in 2007 when a convoy was escorting Besheny out of the courthouse in Kyiv; about one of the founders of the Solntsevo group, Viktor Averin.

Usherovich left Russia in the fall of 2016 (according to other sources, on September 24, 2018), immediately after the arrest of former Interior Ministry colonel Dmitry Zakharchenko (sentenced by the Presnensky Court of Moscow on May 17, 2022 to 16 years of strict regime with a fine of 500 million rubles for accepting bribes) . According to the investigation, Usherovich, Valery Markelov (ex-co-owner of “1520”, sentenced for bribery to Zakharchenko on May 17, 2022 to eight years and a fine of 500 million rubles, released from custody due to cancer, died on July 13, 2023) , former deputy chairman of Incredbank Dmitry Motorin and member of the board of directors of the bank “Novoye Vremya” Ivan Stankevich, in the period from 2007 to 2016, transferred over 1.4 billion rubles to the colonel of the Ministry of Internal Affairs “for general patronage in the service” (protection cover “1520”)

Usherovich and Markelov allocated $100 million to hush up the investigation against them for giving bribes to Zakharchenko. This had an effect: the high-profile investigation turned into a “zilch”, and one episode with a former colonel of the Ministry of Internal Affairs remained in the case. Also, the co-owners of 1520 threatened the fugitive banker German Gorbuntsov, who testified to the Investigative Committee in the Zakharchenko case.

“After this (testifying - Rucriminal.info), I repeatedly received threats of physical violence against me and my family from Usherovich personally, he also said that I should not contact law enforcement agencies, because Kolokoltseva V.A. (at that time the head of the Moscow Main Internal Affairs Directorate) they promoted him from the DepUr of the Ministry of Internal Affairs of the Russian Federation and now he is “tame”. I considered the threats of physical violence against myself and my family to be real, because... the people who threatened me have extensive connections in the criminal environment and among law enforcement agencies and could carry the threats to completion,” Gorbuntsov described.

In the criminal case of giving bribes to Zakharchenko, the head of the Main Directorate of the Prosecutor General's Office of Russia for the North Caucasus Federal District (NCFD) and the Southern Federal District (SFD), Yuri Katasonov, formerly the deputy prosecutor of Moscow, is serving as a witness. According to the prosecutor’s testimony, Markelov and Usherovich paid Zakharchenko 150 thousand euros monthly for protecting “1520”. Katasonov was on a subscription fee of 10 thousand dollars a month (as Usherovich said, the cheapest prosecutor on Earth).

Usherovich has been put on the international wanted list by Interpol. On March 18, 2019, the Basmanny court, at the request of the investigation, arrested Usherovich in absentia. In addition to Russian citizenship, the businessman has Israeli and Cypriot passports. The junior partner of the co-owner of “1520” is the Moldovan politician Renato Usatii, accused in Russia of withdrawing 500 billion rubles from the country together with fellow oligarch Vladimir Plahotniuc. Usherovich invested tens of millions of dollars in Usatii after the latter returned to Moldova and reported to Moscow that the entire country would soon be in his hands. For his willingness to share his influence on Moldova, the co-owner of “1520” asked to stop his international search.

After Usherovich fled Russia, 1520 spent significant funds on PR so that the media would not mention him in connection with the group and create the impression that business was normal. The businessman’s property in Russia was seized with a significant delay - when the corresponding decision was made, most of the assets were transferred abroad. As of 2019, the fund in London controlled by Usherovich and other co-owners of 1520 managed an amount of $2 billion. The company, given the problems of its owners, is actually managed by Igor Rotenberg. The Rotenberg clan has close relations with Russian Railways President Oleg Belozerov.

In Gibraltar, Usherovich testified that he was a victim of the regime. In parallel with this, to solve problems in Russia, he hired fixer Dmitry Smychkovsky (also wanted), who is involved in a criminal case of a bribe of $ 1 million for the release of the authority Andrei Kochuykov (Italian) from a pre-trial detention center. Usherovich financed Smychkovsky’s life in London and lawyers in order to obtain asylum in the UK (he submitted the relevant documents in 2019).