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Indianapolis attorney pleads guilty to theft charges

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An Indianapolis attorney has pleaded guilty to theft charges after prosecutors say she took nearly $600,000 from two accounts for which she was responsible.

The Marion County prosecutor's office announced the plea agreement with Stacy Sheedy on Wednesday. Prosecutors say she faces a sentence of up to eight years. Her sentencing is scheduled for April 26 in Marion County Superior Court.

Sheedy, a local lawyer and accountant, had been charged with three counts of theft and one count of forgery following an extensive investigation that found $596,000 missing from two accounts.

Prosecutors were alerted last year to a possible theft from a guardianship account supporting an elderly woman diagnosed with Alzheimer’s disease and residing in a nursing home. Investigators found several unauthorized transfers and withdrawals, including checks Sheedy wrote to herself and to her business totaling more than $170,000, prosecutors said.

Sheedy received responsibility for the guardianship account in June 2010 and was removed in April 2011. Prosecutors allege she made at least 32 unauthorized withdrawals in a six-month span.

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  • A Good Start
    Hmmm, a lawyer taking advantage of an elderly Alzheimer's patient in a nursing home...... hope she's welcomed accordingly to prison. How revolting!

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  1. If I were a developer I would be looking at the Fountain Square and Fletcher Place neighborhoods instead of Broad Ripple. I would avoid the dysfunctional BRVA with all of their headaches. It's like deciding between a Blackberry or an iPhone 5s smartphone. BR is greatly in need of updates. It has become stale and outdated. Whereas Fountain Square, Fletcher Place and Mass Ave have become the "new" Broad Ripples. Every time I see people on the strip in BR on the weekend I want to ask them, "How is it you are not familiar with Fountain Square or Mass Ave? You have choices and you choose BR?" Long vacant storefronts like the old Scholar's Inn Bake House and ZA, both on prominent corners, hurt the village's image. Many business on the strip could use updated facades. Cigarette butt covered sidewalks and graffiti covered walls don't help either. The whole strip just looks like it needs to be power washed. I know there is more to the BRV than the 700-1100 blocks of Broad Ripple Ave, but that is what people see when they think of BR. It will always be a nice place live, but is quickly becoming a not-so-nice place to visit.

  2. I sure hope so and would gladly join a law suit against them. They flat out rob people and their little punk scam artist telephone losers actually enjoy it. I would love to run into one of them some day!!

  3. Biggest scam ever!! Took 307 out of my bank ac count. Never received a single call! They prey on new small business and flat out rob them! Do not sign up with these thieves. I filed a complaint with the ftc. I suggest doing the same ic they robbed you too.

  4. Woohoo! We're #200!!! Absolutely disgusting. Bring on the congestion. Indianapolis NEEDS it.

  5. So Westfield invested about $30M in developing Grand Park and attendance to date is good enough that local hotel can't meet the demand. Carmel invested $180M in the Palladium - which generates zero hotel demand for its casino acts. Which Mayor made the better decision?

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