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$100K bond set for Hagerstown man charged with stealing from employer

September 17, 2010|By DON AINES
  • Curtis Philip Pietro
Submitted photo,

A cash bond of $100,000 was set Friday morning in Washington County Circuit Court for a Hagerstown man charged with stealing nearly $200,000 from his former employer, but Deputy State's Attorney Joseph Michael said the amount stolen could be as much as $450,000.

Curtis Philip Pietro, 50, of 18815 Fountain Terrace, is charged in a 74-count grand jury indictment with two counts of theft scheme and 36 counts each of counterfeiting private documents and issuing false documents, court documents show.

Conviction on the theft charges would carry a maximum sentence of 15 years on each count, Michael said. Conviction on the counterfeiting and false documents charges would have maximum penalties of 10 years on each count, he said.

Pietro, who was being held at the Washington County Detention Center, was in court Friday without a lawyer.

Pietro is charged with stealing $187,000 from Glessner Alarm & Communications between 2006 and June 2010, but Michael told Circuit Judge W. Kennedy Boone III the amount stolen could be more than twice that. Michael said additional charges could be filed.

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Pietro is the former chief financial officer and accountant for the company.

"The scheme basically consisted of the defendant writing himself checks," Michael told Boone.

Many of the checks required Pietro's signature as well as another person's, which Michael said was forged.

"The money, I don't know where it's gone," Michael said.

He asked Boone for the cash bond, saying Pietro was a potential flight risk and, if released, could have access to some of the remaining, unrecovered funds.

When asked by Boone if he owned his house, Pietro said, "It has a first and second mortgage on it."

Pietro said his equity might be $80,000 if the house were sold.

"I did pay the Glessners back $80,000," Pietro said, explaining that he has no other funds.

Pietro told Boone he has filled out the paperwork to apply for a public defender.

Boone set a trial date of Dec. 20 for Pietro.

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