COMING: How Accused Fraudster Loffredo, a Developer and Top Politician, Teamed Up to Turn a Manufacturing Plant Into a Hazardous Waste Facility

COMING: How Accused Fraudster Loffredo, a Developer and Top Politician, Teamed Up to Turn a Manufacturing Plant Into a Hazardous Waste Facility

 

 

Coming on Monday is the latest turn in the business activities of 28-year-old Andrew Loffredo.

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More than a dozen of his businesses have been turned over to a state-appointed receiver.

 

Two of his businesses — longtime Cranston restaurants Campanella's and Caffe Itri — have closed. 

 

He is accused of fraud. In a separate accusation of allegedly "borrowing" $475,000 — the life savings of one of his employees — he has not repaid the man.

 

And yet, in another incident, he transferred his parents' home to one of his companies, which is now in receivership.

 

On Monday, GoLocal will unveil the business twists and turns that show how a Warwick manufacturing facility became a hazardous waste facility.

 

Exclusively on GoLocal.

 

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