Seaford Luxury Boat Broker Charged With Stealing More Than $35K From Client: Nassau DA

(Written by Patch's Jerry Barmash)

MINEOLA, N.Y. – A Seaford man is accusing of stealing more than $35,000 from the sale of a boat belonging to his client, Acting Nassau County District Attorney Joyce Smith said Friday.

Brendan Daly, 61, was arrested Wednesday and charged with third-degree grand larceny.

Daly was acting as a broker for people looking to buy and sell their boats, the District Attorney's office said in a news release.

If convicted, Daly faces between 2 1/3 years to 7 years in prison. He was arraigned and is due back in court on July 8, the news release stated.

"This defendant allegedly used his position and access as middle-man in the sale of a luxury boat to swindle his client out of more than $35,000 in profit," Smith said. "We encourage anyone who believes they may have been victimized by this defendant to call our Complaint Unit at (516) 571-3505."

Smith said that Daly in 2019, as owner of All Point Yacht Sales in Port Jefferson, facilitated sale and transfer for an owner of a boat for $157,000 to a buyer, the district attorney's news release said.

The boat owner had an existing lien on the vessel for $119,872 that Daly was responsible for paying once he received funds from the prospective buyer. The remaining funds, minus Daly’s $1,250 commission, totaled $35,807.88 and were to be sent directly to Daly’s client.

However, Daly is accused of paying the existing lien on the boat, but never transferring the remaining funds to his client as required, the district attorney said in a statement.