A Medford man has been indicted for allegedly stealing millions of dollars from a construction management company in the Greater Boston area.

George Papadopoulos, 48, was indicted by a Suffolk County grand jury and is charged with four counts of larceny over $250, and procurement fraud. 

The attorney general’s office began investigating Papadopoulos in May 2009.

Papadopoulos worked at a large construction management company in the Greater Boston area, and was a vice president from 2007 until his departure in January 2009. The attorney general’s office did not identify the company.

Authorities allege that between 2004 and 2008, Papadopoulos regularly submitted requests for expense reimbursements to his employer. 

Investigators said Papadopoulos routinely submitted reimbursement requests that contained fake receipts, invoices and correspondence.  The company paid him several million dollars in reimbursements.

Investigators charge that Papadopoulos hid these alleged thefts by subsequently overbilling two clients that used the construction services of his former employer. 

Investigators also charge the bills he sent to these two clients allegedly contained falsified expenses and labor that roughly equaled the amount he stole from his former employer.

After being terminated from the construction company, Papadopoulos began working for another construction management company.  Upon being hired, Papadopoulos’s new employer offered to reimburse him for moving expenses. 

Authorities allege that Papadopoulos stole a total of $15,000 from the new employer by submitting fraudulent expense reports and invoices for moving expenses that he did not actually incur.

Papadopoulos was arrested at his Medford home on Dec. 12, and arraigned two days later in Boston Municipal Court, where he entered a plea of not guilty. 

Bail was set at $25,000, which Papadopoulos subsequently posted. He is scheduled to be arraigned in Suffolk Superior Court on Feb. 23.

Medford Man Accused Of Bilking Millions From Construction Co.

by Banker & Tradesman time to read: 1 min
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