Haverhill’s Hunters Run May Be A Victim
Two Haverhill-based property management executives were arraigned today in Salem Superior Court on larceny and conspiracy charges following a joint investigation by the Essex District Attorney’s office and Haverhill Police.
Andrew Raynor, 37, of Dover, N.H. and Matthew Dykeman, 51, of Salem, were arraigned today on the indictments of larceny by a single scheme (over $250), conspiracy and false entry in corporate books. Additionally, Shawmut Property Management LLC, a company co-owned by Raynor and Dykeman, was charged with larceny by a single scheme (over $250). Pleas of not guilty were entered on their behalf and they were released on personal recognizance. Shawmut lists its address as 200 Merrimack St., according to the Greater Haverhill Chamber of Commerce member directory.
Hunters Run Condominium Association, near Westgate Plaza, Haverhill, is listed in Haverhill police reports as a possible victim. Individual condominium owners may also have been billed directly by the firm, detectives said in a report.
Following reports from multiple former Shawmut employees alleging fraudulent activity at the company, the Haverhill Police Department and the Essex District Attorney’s Office launched an investigation during June, 2014. The investigation found owners of Shawmut allegedly systematically falsified invoices sent to dozens of the company’s clients without the knowledge of the condominium association boards or the laborers whose work was falsely inflated. Shawmut Property Management provides services to condominium associations in Massachusetts, New Hampshire and Maine.
Essex Assistant District Attorney Quentin Weld told the court that the defendants allegedly sent false invoices for work not performed to dozens of their client condominium boards, resulting in a total larceny of at least $100,000 between January, 2012, and February, 2014. The funds were allegedly paid directly into an account controlled exclusively by Raynor and Dykeman.
Raynor and Dykeman are scheduled to appear in Salem Superior Court Sept. 10, for pre-trial Conference. They are represented by Attorneys John Andrews and Arthur Kelly respectively and are presumed innocent until proven guilty.