Galasso Loses Last Appeal To Two-Year Suspension

, New York Law Journal


Long Island divorce attorney Peter Galasso soon will begin serving a two-year suspension after losing his second challenge of that penalty for failing to detect his brother Anthony's embezzlement of millions of dollars from clients of Galasso, Langione, Catterson & LoFrumento.

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What's being said

  • Transaction7

    We don't have enough information here to figure out on what evidence and reasoning the court found that this attorney should have caught and stopped this embezzlement by reasonable diligence, except that it involved millions of dollars of what would appear from this article to have been clients' trust funds.

    I have suffered embezzlements of office, clients' trust, and personal funds. Two prominent lawyers who recommended the culprit secretary, and a judge who knew I had hired her, knew, but did not tell me, that she was a skilled forger, con artist, and thief who had received a strikingly favorable deal because of her political and sexual relationships. One of these lawyers she had given as a reference later told me that it would have been unethical to have told me the truth because they had represented her in a prior forgery and embezzlement case, a theory that, with three terms on the Dallas Bar's Advisory Legal Ethics Committee, I find absurd. Nothing happened to her. I know a good, honest law firm who suffered a larger embezzlement, far less than in the reported case, and the culprit was given probation but hasn't made the restitution ordered so the lawyers had to cover it. One was later a judge and another on the Board of Disciplinary Appeals.
    I don't know how it is in New Jersey but, as a practical matter, lawyers here have no federal or state Constitutional or other rights the Bar or state Supreme Court will recognize and enforce. You wouldn't believe the letter from the State Bar or the verbatim reporter's record, etc. I have on my desk.

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