Nassau D.A.: Seaford boat broker allegedly stole over $35k from client

A Seaford resident was arrested Wednesday after he allegedly stole over $35,000  in proceeds from the sale of a boat belonging to one of his clients, Nassau County District Attorney Joyce Smith announced in a press release Friday. 

Brendan Daly, 61, of Seaford, was acting as a broker for individuals looking to buy and sell boats, reports said.  The larceny occurred in 2019 when Daly, the owner of All Point Yacht Sales in Port Jefferson, helped to facilitate the sale and transfer of a boat for $157,000 to a buyer, according to officials. 

“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 in a press release.

The boat’s 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, reports said. The remaining funds, minus Daly’s $1,250 commission, totaled $35,807.88 and were to be sent directly to Daly’s client.

Instead, Daly allegedly paid the existing lien on the boat but never transferred the remaining funds to his client as required. Despite repeated attempts by Daly’s client to contact him through email, text, phone and mutual contacts, Daly allegedly never responded or transferred the funds, officials said.

Daly was charged with one count of grand larceny. He could face a maximum of seven years in prison if convicted, reports said. He is due back in court on July 8.

Anyone who believes they may have been the victim of Daly is encouraged to contact the Nassau County District Attorney’s Office Criminal Complaint Unit at (516) 571-3505.