Allegations of Fraud Tied to the Closure of Caffe Itri and Campanella’s; A Story That Includes the RI State Police, $2M Mansion and Millions in Dispute

Allegations of Fraud Tied to the Closure of Caffe Itri and Campanella’s; A Story That Includes the RI State Police, $2M Mansion and Millions in Dispute

A lawsuit has been filed in Providence Superior Court alleging fraud, forgery, and identity theft by Andrew Loffredo, III.

There are other claims against Loffredo that may be in the millions. And one of the documents put before the court states that the Rhode Island State Police has an open investigation against him.

The suit names not only Loffredo, but also more than a dozen companies associated with him, including the companies controlling well-known Cranston restaurants Caffe Itri and Campanella’s.

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The suit was filed by Loffredo’s former girlfriend, Jill Pitcavage. The two had a relationship from April 2022 and had two children together. She claims she ended the relationship on or about April 3, 2026.

During the course of that relationship, he bought a mansion in East Greenwich.  Loffredo bought the nearly 6,000-square-foot home for $2 million in 2023. At the time is was the third most anyone had paid for a home in East Greenwich.
 

 

Her lawsuit asserts that "At all times material hereto, Pitcavage was engaged as a stay-at-home mother to her and Loffredo’s two minor children and did not participate in the running of any business owned by Loffredo."

The suit claims that Loffredo set her up with massive debt. "Loffredo informed Pitcavage that her signature was required on paperwork for the aforementioned property as it was being placed into an alleged “Trust” that Loffredo had set up for their minor children, of which Pitcavage was the one hundred percent (100%) beneficiary. Loffredo framed the process to Pitcavage as mere legal formalities and induced Pitcavage to sign, what is now known to Pitcavage as a Mortgage, Security Agreement and Assignment of Leases and Rents, in the amount of $455,000.00 for the aforementioned property which reflects Pitcavage as the Managing Member of Petrozzi Realty," states the suit.

In another example from Pitcavage's suit against Loffredo, she asserts that he forged her name on documents, thereby making her responsible for outstanding debts:

The aforesaid circumstances are such that the assets of Roses Italian Bakery LLC are falling into waste. Loffredo, as sole owner/member of Roses Italian Bakery LLC, by his actions and material misrepresentations to Chase Bank, caused Pitcavage to be identified as sole owner/member of Roses Italian Bakery LLC on the entity’s operating account at Chase Bank without her knowledge or consent.

The operating account at Chase Bank was recently flagged for suspicious and potentially fraudulent activity and the balance of the operating account is insufficient to support the operating costs of Roses Italian Bakery LLC.

Loffredo, as sole owner/member of Roses Italian Bakery LLC, made material misrepresentations to the Rhode Island Division of Taxation that Pitcavage is the responsible officer of the entity, Loffredo, as sole owner/member caused the entity to incur a tax debt with the Rhode Island Division of Taxation of approximately $638.51. Due to the nature of the actions undertaken by Loffredo, Roses Italian Bakery LLC has been “deadlocked.”

The lawsuit cites multiple other examples in the 39-page filing of financial fraud and carnage. Some of the debts assigned to her, which she claims she had no knowledge of, are for tens of thousands of dollars, according to the lawsuit.

The suit alleges in the case of Andrew IV Pizza and Pasta LLC d/b/a Campanella’s, numerous financial misdeeds including, "Loffredo, as sole owner/member of Andrew IV Pizza and Pasta LLC, by his actions, has incurred debts related to the business in Pitcavage’s name without her knowledge or consent in excess of $20,000.00 and the debts are currently in collections."

The suit claims five counts against Loffredo: identity theft, forgery, intentional misrepresentation/fraud, conversion, and unjust enrichment.

Pitcavage is not the only one with claims against Loffredo’s business interests; there are more court filings from other players.

In response, Loffredo disputed the claims and, in a 70-page filing with the Court, he opposed a motion to put the cadre of business interests into receivership. GoLocal tried to reach Loffredo by phone and text, and he did not respond.
 

Millions at Stake

An intervener in the legal action against Loffredo and the companies is Rett Holdings, LLC.

Stephen Soscia is listed as the manager for Rett listed in filings with the State of Rhode Island
 

"Loffredo mispresented documents, his purpose for the monies and mispresented information pertinent to Rett Holdings agreeing to provide millions of dollars in loans. Simply, Loffredo defrauded Rett Holdings and induced it to lend monies it otherwise would not have done so if Loffredo was honest and truthful about his intentions for the use of the loan proceeds," claims Rett in submission to the court.

Further, Rett claims in its filing to the court, “Specifically, Loffredo signed personal guaranties to Rett Holdings in consideration of loan amounts, which exceed millions of dollars. (emphasis added.) The Guarantees signed by Loffredo, amount to a significant amount of money. The total sum loaned to Loffredo from Rett Holding has not been collected in full. Therefore, Rett Holdings has an absolute right to intervene in this matter, as its interest in collecting Loffredo's personal assets will be affected through the adjudicatory exercise by this Court.

 

Loffredo’s Companies Placed Into Receivership

This week, Superior Court Judge Brian Stern named Richard Land as the temporary receiver.

Land conducted an extensive review of the financial condition of Loffredo’s businesses, but for every question he answered, so many others remained unanswered due to missing financial documents.

According to a report by Land to the Court, “In connection with his examination, the [Land] reviewed a considerable amount of financial and other documents and information produced by the Petitioner and its counsel, and by Andrew A. Loffredo III (“Loffredo”). The materials included corporate formation documents, operating agreements, bank records, financial information, including tax records and records relating to creditor claims, text messages, emails and other correspondence relating to the entities. The [Land] requested, but did not receive, profit and loss statements, accounts receivable and payable reports, balance sheets and tax returns.”

Land now oversees the operations of 15 different corporate entities.

The court issued an order entered on Tuesday, that Richard J. Land, Esq., of Providence, Rhode Island, be and hereby is appointed Temporary Receiver (the "Receiver") effective as of May 12, 2026, of the above-named entity Defendants, specifically as follows:

 

a. 1181 High Street LLC;

b. Alexas Pizza And Pasta LLC;

c. Andrew IV Pizza And Pasta LLC, D/B/A Campanella’s;

d. Andrews Diner LLC D/B/A Burrillville Victory Diner;

e. Andrews Oil LLC D/B/A Warwick Oil;

f. Antimo & Rose Realty, LLC;

g. Cafe Rose LLC D/B/A Itri Ristorante Italian Steakhouse;

h. Cafe Ventures LLC;

i. Loffredo Holdings, Inc.;

j. Nexus Business Group LLC;

k. Nexus Construction Group LLC;

l. Petrozzi Realty LLC;

m. Premier Petroleum Group LLC D/B/A Valley Fuel D/B/A Warwick Fuel Company;

n. Premier Property Group LLC; and

o. Roses Italian Bakery LLC

Land has tremendous powers as the temporary receiver. "That said Receiver is authorized, until further Order of this Court, in the Receiver's discretion and as said Receiver deems appropriate and advisable, to conduct the business of said Entities, to borrow money from time to time, to purchase, for cash or upon credit, merchandise, materials and other property, to engage appraisers and/or employees and assistants, clerical or otherwise, and to pay all such individuals and entities in the usual course of business, and to do and perform or cause to be done and performed all other acts and things as are appropriate in the premises."

 

The Beginning of the Story

Loffredo's companies are now in the control of the receiver, according to documents presented to the court; the Rhode Island State Police are investigating his actions; and he faces a multitude of legal actions.

This story is just developing...