Beverly Man Indicted By Statewide Grand Jury
Pleads Not Guilty To Larceny And Other Charges
Breen was secretly indicted yesterday by a Statewide Grand Jury sitting in Boston, and arrested by Massachusetts State Police at his Beverly home last evening.
Clerk Magistrate Michael Sullivan set bail at $5,000 cash for Breen, and ordered him to return to court on April 11 for a pre-trial conference.
Essex First Assistant District Attorney John T. Dawley told the court that Breen was involved in a scheme with two co-defendants, Charles Davis, 44, of Salem, NH, and Charles Toomajian, 53, of Malden, who is an attorney. According to Dawley, both Breen and Davis, who are friends, had significant gaming debts.
Dawley said that Davis, an account manager for Randstad Professionals in Wakefield, created a fictitious account for Breen, and from August of 2009 through June of 2010, Randstad issued checks to Breen totaling $462,457.
Breen worked for Boston Commonwealth Real Estate, for which Davis set up another fictitious account. Davis would send Randstad checks made out to Boston Commonwealth Real Estate and forward them to Breen. Breen would then deposit the checks into Boston Commonwealth Real Estate accounts, wait until the checks cleared, and then cash them.
From February of 2007 through October of 2008, Davis also diverted checks made payable from Randstad to their clients, to Toomajian, who deposited them into his law firm account.
When those checks cleared, Toomajian would write checks payable to Boston Commonwealth Real Estate, and direct them to Breen. Breen would then deposit the checks, and when they cleared he would cash them. The total amount lost to that alleged scheme was $102,730.