Mar 18, 2016 2:57 PM
Owners of Merrimack's 'Second Chance Consignment' shop facing felony charges
MERRIMACK - Two Merrimack residents were arrested Friday for owning a consignment shop and failing to pay out their consignors for the property given to them.
After a three-month investigation, police arrested 42-year-old Edgardo Centeno and his wife 38-year-old Meredith Moore (a.k.a. Lilla Centeno), after being accused of failing to return property and/or money to their consignors.
Investigators learned that Centeno and Moore had suddenly closed their store "Second Chance Consignment" without notifying anyone.
An agreement made last January between a consignor and Centeno, stated that Centeno would sell the property and give a portion of the proceeds back to the consignor who gave it to him.
Moore and Centeno are each charged with one count of theft by misapplication of property - a misdemeanor, and one count of theft by misapplication of property - a felony.
Moore was released on a $10,000 personal recognizance (PR) bail, Centeno was released on a $5,000 PR bail and both were scheduled to appear in court on Thursday.