Former Malden property manager charged with stealing over $35,000 in tenant deposits.

Kenneth Riel, a 50-year-old former Malden property manager, is charged with stealing over $35,000 in security deposits from 17 prospective tenants. Riel allegedly instructed tenants to send money orders with blank payee information, which he then cashed. The fraud was discovered after his termination when tenants realized they were not registered with the management company. Riel faces multiple counts of larceny and is due in court on January 17, 2025.

3 months ago
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