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Norwalk police arrest local real estate attorney for stealing over $1,000,000 from his clients

Norwalk Police report that on July 6th, 2022, Carl Ferraro was taken into custody by Norwalk Police Detectives for stealing money from his clients.
 
Norwalk Police say that in March of 2022, the Department received numerous complaints against real estate attorney Carl Ferraro that he had withheld money from clients during real estate closings. During a lengthy investigation by the Detective Bureau that
involved over half a dozen victims, it was 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.
 
Ferraro is alleged to have stolen over $1,000,000 from his clients, police say.
 
Norwalk Police Detectives secured multiple arrest warrants based on their findings and report that Ferraro was taken into custody on these warrants without incident.
 
Anyone with further information is encouraged to contact Detective Sura at 203-854-3039.
 
Arrested: Carl Ferraro, 57, of 324 West Avenue, Darien, CT
Charges: Larceny 1st, 8 counts
Bond: $4,325,000
Court Date: July 7, 2022 at Stamford Superior Court
Norwalk Police Tip Line: 203-854-3111
 
Anonymous Internet tips can be sent to Norwalk Police website at: www.norwalkpd.com
Anonymous text tips can be submitted by typing "NORWALKPD" into the text field, followed by
the message, and sending it to TIP411 (847411)

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