Owners of a Peabody Pizza Shop Charged with Obstruction of Justice

BOSTON – The owners of Giovanni’s Roast Beef & Pizza in Peabody were arrested Thursday and charged in federal court with obstruction of justice for removing items from a safe deposit box following the execution of federal search warrants.

Theodora Panousos, a/k/a Dora Panousos, 63, and Konstantinos Panousos, a/k/a Kosta Panousos, 37, were charged in a criminal complaint with two counts of corruptly concealing a record, document or other object, and attempting to do so with the intent to impair the object’s integrity or availability for use in an official proceeding.

They were released on bond following an initial appearance before U.S. District Court Magistrate Judge David H. Hennessy.

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According to the complaint, Dora Panousos and Kosta Panousos were under investigation for tax evasion and filing false tax returns, specifically for failing to report all of Giovanni’s gross income.

On the morning of Feb. 15, investigators executed search warrants at Giovanni’s restaurant and at Dora’s residence, seizing among other things, safe deposit box keys.

That same morning, both Dora and Kosta were served with grand jury subpoenas for records and tangible objects “pertaining to the payment, receipt, transfer or storage of money or other things of value.”

After the searches, and after Dora and Kosta were served with the subpoenas, the two allegedly went to a bank and emptied a safe deposit box except for a few pieces of jewelry.

Surveillance footage allegedly showed Dora entering the bank with an empty tote bag and leaving the bank with what appeared to be items from the safe deposit box in the tote bag.

Fifteen minutes later, Dora and Kosta arrived at a second bank where Dora had another safe deposit box.

Dora told bank employees she had lost the keys and requested that they have the box drilled.

However, before they could do so, investigators executed a search warrant for the box and discovered that it contained, among other things, approximately $415,000 in cash.

Another box leased by Dora was found to contain approximately $224,220 in cash.

The charge of obstruction of justice provides for a sentence of no greater than 20 years in prison, three years of supervised release and a fine of $250,000.

Actual sentences for federal crimes are typically less than the maximum penalties. Sentences are imposed by a federal district court judge based upon the U.S. Sentencing Guidelines and other statutory factors

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