Restaurant auction postponed for NH state rep., alderman accused of stealing $400K
MANCHESTER — A court order postponed an auction for a restaurant owned by a state representative and Manchester alderman after he recently got charged with stealing over $400,000 from his businesses.
Thomas Katsiantonis, 44 of Manchester, a Democrat, is accused of taking over $277,000 in monthly meals and rentals tax payments from June 1, 2011, through Dec. 31, 2016, as the owner and operator of Grand Slam Pizza. He is also accused of stealing over $146,000 in such payments from May 1, 2015, through Dec. 31, 2016, as the owner and operator of Tommy K's Restaurant and Bar under Stefanovouno, LLC.
He has since sold Grand Slam Pizza and had a foreclosure auction scheduled for Wednesday, which got postponed through a court's preliminary injunction.
Attorney John Deachman filed an emergency petition on behalf of Stefanovouno LLC, which resulted in a hearing at Hillsborough North Superior Court on Monday.
"The foreclosure auction in our view is a result of the mortgage holder taking advantage of Tom's situation," Deachman said.
The court decided to postpone the auction until Aug. 17, pending a hearing on Aug. 10, which will decide if the auction goes on or not.
Katsiantonis faces four counts of tax evasion, two counts of theft, one count of falsifying physical evidence and one count of unsworn falsification.
He is a six-term state representative for Ward 8 and has been an alderman since 2011.