IBJNews

Indianapolis attorney pleads guilty to theft charges

Back to TopCommentsE-mailPrintBookmark and Share

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.

ADVERTISEMENT

  • 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!

Post a comment to this story

COMMENTS POLICY
We reserve the right to remove any post that we feel is obscene, profane, vulgar, racist, sexually explicit, abusive, or hateful.
 
You are legally responsible for what you post and your anonymity is not guaranteed.
 
Posts that insult, defame, threaten, harass or abuse other readers or people mentioned in IBJ editorial content are also subject to removal. Please respect the privacy of individuals and refrain from posting personal information.
 
No solicitations, spamming or advertisements are allowed. Readers may post links to other informational websites that are relevant to the topic at hand, but please do not link to objectionable material.
 
We may remove messages that are unrelated to the topic, encourage illegal activity, use all capital letters or are unreadable.
 

Messages that are flagged by readers as objectionable will be reviewed and may or may not be removed. Please do not flag a post simply because you disagree with it.

Sponsored by
ADVERTISEMENT

facebook - twitter on Facebook & Twitter

Follow on TwitterFollow IBJ on Facebook:
Follow on TwitterFollow IBJ's Tweets on these topics:
 
Subscribe to IBJ
ADVERTISEMENT