Contractor Charged With Defrauding 2 Nassau Homeowners: Prosecutors

MINEOLA, NY — A Suffolk County contractor was arrested Monday and charged in connection to allegedly defrauding two Long Beach homeowners, prosecutors announced.

Peter Ferrigan, 56, owner of PBF Home Improvements, LLC, faces second-degree grand larceny and first-degree scheme to defraud, Nassau County DA Anne Donnelly said.

Ferrigan, who is from Amityville, pleaded not guilty and was released on his own recognizance.

"This defendant took on home improvement projects for two Long Beach residents and allegedly left them high and dry, stealing a total of nearly $200,000 of their payments without completing construction," Donnelly said. "Ferrigan allegedly spent the money on personal expenses, including airline tickets and jewelry, and even used a portion of the funds stolen from one victim to pay for construction-related expenses for the other victim he was defrauding."

The alleged schemes took place between Aug. 2019 and Jan. 2021, prosecutors said.

One victim gave Ferrigan more than $850,000 for a construction project that he allegedly did not complete.

A review of bank records for the period between August 5, 2019, and January 19, 2021, revealed that Ferrigan spent in excess of $170,000 of the homeowner’s funds on expenses related to other construction jobs and personal expenses, including loan payments, tuition and child support, Donnelly said.

If convicted, he faces a maximum of five to 15 years in prison. Ferrigan is due back in court on December 1.