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Dec 1, 2017 10:22 AMPublication: The Southampton Press

Guldi Accepts Plea Deal, Will Be Sentenced To Time Served

George Guldi
Dec 5, 2017 2:49 PM

Former Suffolk County Legislator George Guldi, under the terms of a prearranged plea deal, has pleaded guilty to one count of grand larceny in the second degree and will be sentenced on January 2, 2018, to time served—a ruling that would be the final curtain in Mr. Guldi’s criminal saga.

At the same conference held in Suffolk County Court in Riverhead on November 29, Mr. Guldi also waived his right to appeal the disposition before Judge Marc Cohen, according to Robert Clifford, a spokesman for the Suffolk County district attorney’s office.

Mr. Guldi’s attorney, Michael Scotto, did not respond to requests for comment.

Terri Scofield, Mr. Guldi’s ex-fiancée who attended last week’s court appearance, added that Mr. Guldi also offered an allocution to the crime—a spoken acknowledgment of the insurance fraud he committed, to be entered into the court’s records.

Though Mr. Guldi—who has already served nearly seven years in an upstate prison—will not face any more prison time for his crimes, the matter of paying the restitution of the $863,473 of insurance money that AIG/Bank of America paid following the 2008 burning down of Mr. Guldi’s Westhampton Beach home is yet to be settled. At a court appearance on Wednesday, December 13, the judge is expected to decide how much of the sum Mr. Guldi will be responsible for reimbursing.

Mr. Guldi had been found guilty of misappropriating those funds, intended to be spent rebuilding his family’s village home, in a March 2011 conviction. But that conviction was thrown out in July after Mr. Guldi’s appeal was upheld, which stated that, despite his pre-trial challenge, one of the jurors who remained on the case was an AIG employee.

He submitted another appeal at the time, attempting to have nearly three dozen felony counts of intent to fraud and grand larceny dismissed on the same grounds. But the appellate court denied his motion, stating that he had waived his right to appeal those charges when he accepted a plea deal while being prosecuted on a separate $82 million mortgage fraud scheme that targeted dozens of homes, most on the East End.

The seven years Mr. Guldi served encompass the maximum three-year sentence for the mortgage fraud conviction, which ran concurrently with the four-to-12-year sentence for the insurance fraud.

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Big headlines for suffolk da, no court, no time.
By knitter (1898), Southampton on Dec 1, 17 10:46 AM
Kate, please re-read my emailed report of this proceeding. Guldi pled guilty ONLY to the first count of Grand Larceny, 2nd degree. The second count of Insurance Fraud, was dismissed in satisfaction. Please correct your statement "Terri Scofield, ex-fiancee of Mr. Guldi, who was in attendance at the court appearance, added that Mr. Guldi also offered an allocution to the crime, a spoken acknowledgment of the insurance fraud he committed to be entered into the court’s records". Guldi's allocution ...more
By oneseriousSicilian (63), medford on Dec 1, 17 11:01 AM
It's over. Give it a rest, Columbo.
By even flow (988), East Hampton on Dec 1, 17 4:03 PM
It's actually not over by a long shot; there's a sound file out there that could do Guldi and his bookkeeper a lot of damage.
By oneseriousSicilian (63), medford on Dec 2, 17 7:24 AM
No. Actually it is. And maybe next time you’ll use better judgement and not get wrapped up in a scam because of your desire for money without earning it legally. Most “victims” in these cases are merely small time pikers who are mad the swindle didn’t go as planned.

By even flow (988), East Hampton on Dec 2, 17 7:56 AM
1 member liked this comment
Hell hath no fury like a woman scorned, eh ms. sicilian?

you were told by EVERYONE....he was dirt

just like Macca was told Heather was a gold digger
Paul McCartney didn't listen, and neither did you


Paulie did.
By Yo No Sey Nada Mr. Policia (2), smithtown on Dec 28, 17 1:42 PM
So how many years did you waste on him?

and what made you see the light - just wondering.

oh you mean he got OUT of jail and dumped you?

By Yo No Sey Nada Mr. Policia (2), smithtown on Dec 28, 17 1:44 PM
Typical. Politicians almost always have harsh sentence only to be reduced. Silver, Skelos.... The powers must rely on a small attention span.
By dnice (2346), Hampton Bays on Dec 1, 17 11:58 PM
George Guldi is one scary looking dude!!
By kicker0224 (4), East Moriches on Dec 4, 17 2:08 PM
And the $82m is where? Waiting off shore for him and MacPherson somewhere I assume
By smacw (240), New York on Dec 4, 17 4:26 PM
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