Four Indicted in Alleged $1.9 Million Embezzlement Scheme from Wakefield Business

A Massachusetts grand jury has returned indictments against four men on charges that they were all involved in a conspiracy to steal money from a Wakefield employment firm in order to allegedly pay off gaming and loan sharking debts, according to the Essex County District Attorney’s office.

 , 62, of North Andover; , 56, of Peabody; Charles Davis, 44, of Salem, N.H.; and , 53, of Malden were all indicted for their separate roles in reportedly embezzling $1,864,353 from Randstad Professionals in Wakefield.

Davis, an account manager for the temporary employment agency, allegedly stole the almost $1.9 million from the company, and laundered it through Toomajian, an attorney in Malden, who is also accused of stealing $659,525, in order to pay off loan sharking and gaming debts to Petrillo and Giallanella, according to Essex First Assistant District Attorney John T. Dawley, who will prosecute the case.

Prosecutor Dawley said that Randstad Professionals had been caught completely off-guard by the alleged embezzlement, and the company has been fully cooperative with the investigation.

Giallanella faces charges of conspiracy 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), according to the district attorney's office.

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, according to Dawley.

The scheme is allegedly part of a larger operation with ties to Mark Rosetti, an East Boston resident and reputed mafia capo. According to law enforcement officials, Rosetti and his associates were involved in robberies, drug trafficking, embezzlement and money laundering in Eastern Massachusetts.