A Massachusetts man has been convicted of burning down a restaurant he owned in Rhode Island.
Federal prosecutors say 51-year-old Daniel Saad was attempting to collect on a nearly $1 million insurance policy when he set fire to Snow’s Clam Box Restaurant and Pub in Glocester more than two years ago.
A federal jury in Providence on Friday convicted the Spencer, Massachusetts, man on charges including arson and wire fraud.
Saad was $2.5 million in debt when prosecutors said he spread gasoline inside the restaurant and ignited the gas before fleeing the building. A woman who lived in an apartment above the restaurant escaped the flames.
Saad, who denied setting the blaze, was ordered held after the verdict. Sentencing was scheduled for April.
Was this article valuable?
Here are more articles you may enjoy.
‘Ghost Broker’ Who Procured 1,120 Policies Through Fraud Arrested
5 Years After Surfside Collapse: Safer Condos, More Transparency for Underwriters
Need Wind Mitigation? New Florida Insurer Wants to Help With That
NAIC Says Data Taken in Hack Has Been Published Online 

