06 / 05 / 2019
  - 01:00:29 PM
Milford Man Arraigned On Embexxling Charges
  

By MyFM's Rick Michaels - A Milford man has been arraigned in connection with embezzling over one million dollars from a Framingham company and a Methuen company, where he worked part-time. Middlesex District Attorney Marian Ryan and Framingham Chief of Police Steven Trask have confirmed that 43-year old Antonis Mallios of Milford, was arraigned in Middlesex Superior Court yesterday and charged with ten counts of larceny over $1,200, two counts of false entry into corporate books and one count of being a common and notorious thief in connection with the alleged embezzlement of over $1 million from two separate employers. Mallios was released on  personal recognizance and ordered to turn in any passports, to not leave the Commonwealth without permission from the court and to not visit any gambling facilities. In December of 2018, Mallio's employer, a Framingham sound engineering company, SVA Inc., realized that there was less money in one of their accounts than there should have been, and began examining their finances. Upon reviewing their bank records they discovered that the defendant, who had been employed as a part-time accountant and bookkeeper since 2011, had allegedly been creating and issuing checks payable to himself from the business bank accounts. It is estimated that the defendant embezzled over $860,000 from SVA, Inc. Simultaneously, Mallios had a second part- time accounting and bookkeeping job at the Child Health Center, Inc. in Methuen, where he had also been working since 2011. Upon learning of the defendant’s alleged theft, SVA, Inc. contacted the Child Health Center to notify them. The Child Health Center subsequently learned that Mr. Mallios had allegedly stolen over $470,000 from them. In total, the defendant allegedly stole over $1.3 million from  2014-2018. During that same time frame, the defendant allegedly frequented two gambling establishments losing over a million dollars playing slot machines. Mallios has pleaded not guilty and will make his next court appearance on June 26th.
 

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