Statewide Grand Jury Indicts Four On Larceny And Other Charges
Those indicted were Joseph Giallanella, 62, of North Andover, Michael Petrillo, 56, of Peabody, Charles Davis, 44, of Salem, NH, and Charles Toomajian, 53, of Malden. All of the defendants had been indicted on other charges last October in this ongoing investigation, and are currently free on bail.
Giallanella faces charges of conspiracy and being an accessory after the fact of a felony (larceny); Petrillo is charged with conspiracy, receiving stolen property, and being an accessory after the fact of a felony (larceny); Davis is charged with conspiracy, larceny, and making false entries into corporate books; and Toomajian is charged with conspiracy, larceny, receiving stolen property and being an accessory after the fact of a felony (larceny).
Essex First Assistant District Attorney John T. Dawley, who will prosecute the case, said Petrillo is expected to be arraigned on April 11 in Salem Superior Court. The other three defendants will be arraigned on the same date in Middlesex Superior Court in Woburn.
Prosecutor Dawley said that Davis was an account manager for Randstad Professionals in Wakefield, which is a temp agency. In order to pay off his gaming and loan sharking debts Davis allegedly embezzled $1,864,353 from the company. The money would then be laundered through Toomajian, who is an attorney. Toomajian is also accused of stealing $659,525 from Randstad Professionals, which was diverted through Davis.
Davis allegedly paid off loan sharking and gaming debts to Petrillo and Giallanella. In addition, as a way of making payments owed, both Davis and Toomajian allegedly paid money toward the mortgages of Giannella. Petrillo was paid $308,000.
Prosecutor Dawley emphasized that Randstad Professionals had been caught completely off-guard by the alleged embezzlement, and the company has been fully cooperative with the investigation.
He also lauded the investigative work by the Office of Attorney General Martha Coakley and Massachusetts State Police Special Services.