A Long Island attorney convicted of defrauding investors in real estate deals received the maximum sentence for the conviction on Monday.
Acting Manhattan Supreme Court Justice Gregory Carro (See Profile) sentenced Robert Cassandro of Jericho to 1 1/3 to 4 years, for his first-degree scheme to defraud conviction, an E felony. Carro also imposed a $5.8 million restitution order.
“You victimized people. You didn’t just make a mess of their lives,” Carro told Cassandro according to The New York Times.
After a more than two-month trial and six days of deliberation, jurors concluded Cassandro was guilty of the defraud count, but acquitted him of the more serious first-degree grand larceny charge (NYLJ, May 14).
During the sentencing, victims, including some relatives, told Carro of their financial loses and Cassandro, who has declared bankruptcy, expressed his remorse.
Cassandro was represented by Peter Tomao of Garden City and Edward Mandery of Mandery & Mandery in Mineola served as co-counsel. In an interview, Tomao said his client is considering whether to appeal the verdict, sentence and restitution order.
“The judge did not consider any good Mr. Cassandro had done in determining the sentence,” he said, adding that some 30 houses were constructed as a result of Cassandro’s dealings.
Assistant District Attorney Sarah Sacks appeared for the prosecution.