Staff reports 5:54 a.m.
Wednesday, June 25, 2025 5:54 am
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MANCHESTER - A Merrimack man who was the former general manager of The Foundry Restaurant in Manchester has been sentenced to 2-4 years in state prison and pay restitution of 150,000 for theft by unauthorized taking.
In March of 2024, James Peretti was charged with a class A felony count of Theft by Unauthorized Taking or Transfer for stealing from the Foundry across nearly the entirety of his four-year tenure as general manager, according to a release from the AG's Office on Tuesday. Peretti generatied fraudulent reimbursement claims and used them as a basis to steal the funds.
In June 2024, Peretti was charged with a class A felony count of Theft by Deception for also stealing from the Foundry by falsifying an employee's clock-in entries to make it appear the employee worked hours he actually did not, diverting paychecks reflecting the falsified hours away from the employee, depositing the paychecks into a bank account over which the employee had no control and spending the resulting proceeds on items unrelated to the Foundry or the employee.
Peretti pleaded guilty to both charges on April 10.
On Tuesday he was sentenced to 2 to 4 years in the New Hampshire State Prison on the Theft by Unauthorized Taking charge and was ordered to pay restitution of $150,633 to the Foundry. On the Theft by Deception charge, he was sentenced to a consecutive sentence of 7 ½ to 15 years in the New Hampshire State Prison, all of which is suspended for 15 years.