North Haven Man Charged in Condo Scam
Stephen Cacioli is accused of stealing nearly $100,000 from condo associations in Meriden and West Haven.
Stephen Cacioli, 65, of North Haven will appear in Meriden Superior Court on December 27 to face charges that he stole nearly $100,000 from condominium associations in Meriden and West Haven. According to Cacioli's arrest warrant, dated November 18, 2011, the defendant opened a TD Bank account under the name of Sterling Village Associations—a Meriden-based condo association he was contracted to manage insurance claims for—without the knowledge or authority of his employer. Cacioli subsequently deposited two insurance payments intended for Sterling Village into the fraudulent bank account, and withdrew the funds at intervals between April and July 2011 for personal use. The arrest warrant goes on to state that Cacioli eventually took …
