(SUFFOLK COUNTY, N.Y.) – Suffolk County District Attorney Raymond A. Tierney today announced that Rory P. Hogan, 60, of Babylon, was arrested and arraigned for Grand Larceny in the Second Degree, and related charges, for allegedly defrauding and stealing hundreds of thousands of dollars from his clients. Hogan allegedly obtained boats from clients under the false pretense that he would sell them and remit the proceeds.
“When boat owners entrusted this defendant with their vessels, they expected honest business practices and timely payment of proceeds,” said District Attorney Tierney. “Instead, the defendant allegedly exploited that trust, converting thousands of dollars for his personal use while leaving his clients empty-handed. This office will continue to pursue those who prey on consumers through fraudulent business schemes and ensure victims receive the restitution that they deserve.”
According to the investigation, between October 20, 2023, and April 7, 2025, Hogan, a boat broker and owner of Riteway Marine Solutions in Babylon, allegedly took possession of boats from clients under the pretense that he would sell the vessels on their behalf and pay the proceeds to the original owners upon completion of the sales. Instead, Hogan allegedly lied to clients for months, insisting that he hadn’t yet sold the boats, when in reality, he had and was using the proceeds for his own personal use instead of compensating the sellers.
The complaint charges that Hogan allegedly defrauded more than ten customers who entrusted him to broker the sale of their boats. In one instance, Hogan allegedly withheld $250,000 from the sale of a customer’s boat, never transferring the proceeds as agreed. In another instance, Hogan allegedly sold a customer’s boat for over $70,000 and did not pay the customer.
It is further alleged that between August 13, 2024, and April 4, 2025, Hogan knowingly issued checks to customers and vendors despite having insufficient funds in his bank accounts, including checks drawn from closed accounts.
On September 5, 2025, Hogan surrendered and was arraigned before District Court Judge Jonathan R. Bloom, for Grand Larceny in the Second Degree, a Class C felony, Scheme to Defraud a Class E felony, and Issuing Bad Checks, a Class B misdemeanor. Judge Bloom ordered Hogan released without bail because his charges are considered non-bail eligible under current New York State law, meaning prosecutors cannot ask for, and judges cannot set bail.
Hogan is due back in court on September 9, 2025, and faces up to 15 years in prison if convicted on the top count. He is being represented by Glenn Nugent, Esq.
If you believe you have been victimized by Rory P. Hogan, please call the Suffolk County District Attorney’s Office at (631) 853-5602.
This case is being prosecuted by Assistant District Attorney Elizabeth Miller of the Financial Crimes Bureau, and the investigation was conducted by Special Investigator Joseph Tobia, Jr., of the Suffolk County District Attorney’s Office, with assistance from the Suffolk County Police Department First Squad.