Loanshark Arrested in Joint Investigation by Waterfront Commission
and NYC Business Integrity Commission
November 23, 2021
Detectives from the Waterfront Commission and the New York City Business Integrity Commission (BIC) today arrested Daniel Giordano, 58, of Mastic Beach, NY for Criminal Usury in the First Degree (a Class C Felony) in violation of New York Penal Law Section 190.42 and Criminal Usury in the Second Degree (a Class E Felony) in violation of New York Penal Law Section 190.40. The Criminal Complaint alleges that the defendant Giordano made loans at a rate exceeding 25 per cent per annum. The arrest was the result of a joint investigation by the Waterfront Commission and BIC. The New York County District Attorney’s Office is prosecuting the matter.