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Long Island Attorney Steals $25K From Real Estate Transaction, DA Says
A Long Island attorney is accused of stealing thousands of dollars from a real estate transaction and using the money on personal expenses.
Peter Saad, age 46, of Calverton, surrendered to the Suffolk County District Attorney’s Office on Wednesday, Dec. 13, to face charges of grand larceny.
Saad is the principal attorney at the Law Office of Peter A. Saad, Jr., PC, based in Riverhead.
Prosecutors said he stole $25,000 from his attorney escrow account over a two-month period in 2020 after representing a client in the sale of his home.
The money was left in the escrow account after permit i…