PD: Business Owner Stole $275K From Clients - NECN
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PD: Business Owner Stole $275K From Clients

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    PD: Business Owner Stole $275K From Clients
    Plainville Police Department
    Derek Cutone (left) and Devin Hill (right)

    The owner of a Plainville condo management company and one of his employees were arrested after police say the men stole over $250,000 from clients. 

    Devin Hill, 36, the former owner of D&H Management on Whiting Street in Plainville, was arrested after police launched an investigation into missing funds for several Connecticut-based condominium associations. 

    Lieutenant Nicolas Mullins of the Plainville Police Department said evidence found that Hill conducted 133 unlawful cash withdrawals, diverted 343 checks, and wrote 105 checks to a fraudulent account, in total wrongfully appropriating $275,572 between January 2014 and March 2015. 

    Dereck Cutone, 26, a former employee of D&H Management and another unnamed employee after there were  identified as a co-conspirators.

    Hill was charged with larceny in the first degree, two counts of conspiracy to larceny, and first degree identity theft. Cutone was charged with second degree conspiracy to commit larceny.

    Both Hill and Cutone will appear in court on Dec. 21. Hill's bond is set at $150,000 and Cutone's at $5,000.

    It is unclear if Hill or Cutone has an attorney.