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Real Estate Fraud

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$5.78M Scam: NY Attorney Admits Defrauding 48 Victims In Real Estate Transactions $5.78M Scam: NY Attorney Admits Defrauding 48 Victims In Real Estate Transactions
$5.78M Scam: NY Attorney Admits Defrauding 48 Victims In Real Estate Transactions A New York attorney has admitted to running a scheme to defraud victims of nearly $6,000,000. Long Island resident Daniel Boldi, age 49, of Garden City acted as settlement agent and bank attorney in multiple property sales on Long Island and embezzled millions of dollars of his clients’ escrow and home loan funds, according to Nassau County District Attorney Anne T. Donnelly. The scam involved 46 separate real estate transactions between September 2020 and January 2024, Donnelly said. Boldi pleaded guilty to 13 counts of grand larceny in the second degree (a Class C felony) and o…

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by Joe Lombardi
News
Scammer Nabbed For Swindling NY Homebuyer Out Of $45K, Police Say Scammer Nabbed For Swindling NY Homebuyer Out Of $45K, Police Say
Scammer Nabbed For Swindling NY Homebuyer Out Of $45K, Police Say A man accused of bilking a New York homebuyer out of tens of thousands of dollars through an email scam has been nabbed by police. Maryland resident Emeka Ndukwu, age 50, of Lanham in Prince George's County, was arraigned on Long Island on Saturday, Oct. 1, on a felony charge of grand larceny in Nassau County Court.. Working with two other individuals, prosecutors said Ndukwu, who is a dual national of the United States and Nigeria, convinced a Garden City resident to wire a total of $45,000 to a person he believed to be a real estate attorney in October 2021. Ndukwu is accused of recrui…

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by Michael Mashburn
Politics
Trump Sues NY Attorney General In Effort To Block Probe Of Company Trump Sues NY Attorney General In Effort To Block Probe Of Company
Trump Sues NY Attorney General In Effort To Block Probe Of Company In a last-ditch bid to stop a “witch hunt” probe into his company, former President Donald Trump announced that he is suing New York Attorney General Letitia James in an effort to halt her two-year-long inquiry. Trump and his company filed the federal lawsuit on Monday, Dec. 20 to block James’ ongoing civil investigation into the Trump Organization. James had been investigating whether the Trump Organization misstated the value of certain real estate assets to obtain better interest rates, while lowering tax obligations, after the former president's former attorney Michael Cohen made those …

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by Zak Failla
Police & Fire
Man Posed As Realtor, Took Downpayment From Victim, Police Say Man Posed As Realtor, Took Downpayment From Victim, Police Say
Man Posed As Realtor, Took Downpayment From Victim, Police Say A man from Middletown has been charged after police say he posed as a realtor and took a downpayment from a victim. New York State Police say Michael Ramos, 35, of Middletown was arrested on Wednesday, Sept. 11 after he allegedly presented himself as a realtor and accepted a downpayment from a victim in June. Ramos showed the victim a foreclosed property in the town of Thompson in Sullivan County and accepted a cash downpayment, according to police. Ramos was charged with third-degree burglary, a felony, and second-degree criminal impersonation, a misdemeanor. He was arraigned in the Town …

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by Valerie Musson
News
Westchester Real Estate Developer Sentenced For Operating Ponzi Scheme, Ordered To Forfeit $58M Westchester Real Estate Developer Sentenced For Operating Ponzi Scheme, Ordered To Forfeit $58M
Westchester Real Estate Developer Sentenced For Operating Ponzi Scheme, Ordered To Forfeit $58M A real estate developer will spend time behind bars for operating a years-long $58 million Ponzi scheme that included properties in the area. Michael D’Alessio, 53, was sentenced on Friday, April 5 to six years in prison for his elaborate scheme to defraud investors in luxury real estate developments in Manhattan, the Hamptons, Westchester and elsewhere.  In addition to the prison term, D'Alessio was sentenced to three years of supervised release and order to pay forfeiture in the amount of $58,090,047. D'Alessio is the former president and CEO of real estate development firm Michael …

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by Joe Lombardi
Police & Fire
Man Says Stepmother Stole His Northern Westchester Home Through Forged Signature Man Says Stepmother Stole His Northern Westchester Home Through Forged Signature
Man Says Stepmother Stole His Northern Westchester Home Through Forged Signature A man claims his stepmother stole his Northern Westchester house by forging his signature and using an invalid notary stamp on a new deed. Peter Parraglia told the WNBC News 4 I-Team that in October, his stepmother, Barbara Kessman-Parraglia had the deed transferred to her name for $10. The only problem, he said, is that he never signed over his Katonah home, where he lives with his wife and two children, the news channel reported. Another twist to the plot is that the notary public who certified the transaction was listed as Parraglia's father, Patrick Edward Parraglia. When I-Team …

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by Kathy Reakes
News
Investors Seek $17M From Westchester Developer In Fraud Suit Investors Seek $17M From Westchester Developer In Fraud Suit
Investors Seek $17M From Westchester Developer In Fraud Suit More investors from Westchester and Connecticut are demanding at least $17 million in damages and a court order stopping White Plains developer Michael D’Alessio and Michael Paul Enterprises from selling or transferring properties. They claim he misappropriated their funds on housing projects in Scarsdale and Manhattan. D’Alessio and his enterprises carried out a massive scheme to defraud them, investors allege in three lawsuits filed in Westchester Supreme and County Court. The Westchester Bank also sued, demanding $881,000 on a $1 million loan D’Alessio took out in 2015, according to new…

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by Jon Craig
News
Rockland Landlord Collecting Illegal Rents Lands In Jail Rockland Landlord Collecting Illegal Rents Lands In Jail
Rockland Landlord Collecting Illegal Rents Lands In Jail A crooked landlord who collected rents from a property seized by Rockland County officials is behind bars following an investigation by the Rockland County Sheriff's Office.  Elazer Dancziger, 61, of New Square, was charged Tuesday, Jan. 30, with three counts of felony grand larceny and scheming to defraud for illegally collecting rent money from tenants who live at 749 Main St., in New Hempstead, said officials with the Sheriff's Office. The county took possession of the apartment complex on Sept. 18, 2017, for failure to pay back taxes. Following the seizure, Dancziger continued to repres…

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by Kathy Reakes