Darien real estate attorney charged with eight counts of larceny after allegedly withholding over $1 million from clients – Hartford Courant

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A real estate attorney was arrested Wednesday after allegedly withholding over $1 million during real estate closings, according to the Norwalk Police Department.
Carl Ferraro, 57, of Darien was charged with eight counts of first-degree larceny.
In March, the Norwalk Police Department received numerous complaints alleging that Ferraro had withheld money from clients during real estate closings, police said. During an investigation that involved over half a dozen victims, police said detectives determined that Ferraro would facilitate home closings on behalf of the selling parties, and would keep the money given to him that was intended for the sellers.
According to police, Ferraro is alleged to have stolen over $1 million from his clients.
According to the Norwalk police, detectives secured multiple arrest warrants based on their findings. He was taken into custody without incident and is being held on a $4.325 million bond, police said. He is scheduled to appear in Stamford Superior Court on Thursday.
Anyone with further information is encouraged to contact Detective Sura at 203-854-3039.
Copyright © 2022, Hartford Courant
Copyright © 2022, Hartford Courant

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