LI Lawyer Blew Client's $30K Escrow On Personal Expenses, DA Says
A former Long Island attorney is facing serious charges allegedly stealing $30,000 from a real estate escrow account, prosecutors alleged.
Marco Materassi, 58, of Dania Beach, Florida, was arraigned on grand larceny charges in Suffolk County Court on Friday, June 20, following an investigation into a 2024 home sale gone wrong.
Materassi, formerly the principal attorney at Materassi Legal, P.C. in Great Neck, was acting as the seller’s attorney in the transaction and agreed to hold the buyer’s $30,000 down payment in escrow until closing, according to the Suffolk County DA’s office.
But wh…
Romanian National In Maryland Sentenced For Stealing $1M Meant For Religious Institutions
A Romanian national will spend years in prison after scheming to steal thousands of checks from religious institutions in Maryland and across the East Coast worth more than $1 million, federal authorities announced.
Marius Vaduva, 27, of Hollywood, FL, was sentenced to 42 months in prison, followed by five years of supervised release for conspiracy to commit bank fraud and wire fraud, the US Department of Justice said.
In addition to his prison sentence, Vaduva was also ordered to pay $1,334,230.84 in restitution.
Sentencing was by Theodore Chuang, US District Judge in the District of…