A Long Island real estate attorney was sentenced to up to 12 years in prison for stealing more than $6 million in connection with more than 50 separate real estate transactions between September 2020 and January 2024.
According to the charges brought against him, Daniel Boldi of Mineola, New York – who owned and operated the law firm Boldi Law Group P.C. – embezzled $5.78 million from 46 victims, ranging from individual homeowners, real estate agents, and other entities for whom he held money in escrow. Boldi used the funds he stole on various personal expenses unrelated to the victims’ transactions, including Venmo payments to other individuals and property investments.
Daniel Boldi entered guilty pleas last October to 13 counts of grand larceny in the second degree (a C felony) and one count of scheme to defraud in the first degree (an E felony). In addition to his prison term, civil judgement orders in excess of $6.2 million were also issued on behalf of the 52 victims.
“Daniel Boldi’s clients trusted him to safeguard their money during the homebuying process, but he ultimately betrayed them with his greed,” said Nassau County District Attorney Anne T. Donnelly. “The ripple effects of his theft are devastating, leaving victims in a financial hole of more than $6 million. My office won’t allow the people of Nassau County to be cheated by predatory criminals who pose as upstanding professionals. When someone abuses their power like this, we will expose them.”
Photo courtesy of the Nassau County District Attorney
