Indianapolis attorney Stacy Sheedy pleads guilty in $596,000 fraud

An Indianapolis attorney and accountant pleaded guilty Wednesday to theft as part of an agreement with prosecutors.

An investigation discovered late last year that $596,000 was missing from accounts managed for clients by attorney Stacy H. Sheedy. She was charged in January.

Sheedy admitted to two counts of theft, according to a release from Marion County Prosecutor Terry Curry, and will receive a sentence of up to eight years. Sentencing is scheduled for April 26 in Marion Superior Court.

The missing funds came from a guardianship account and a family trust account for which Sheedy was responsible. Sheedy entered the guilty plea in court Wednesday.

Attribution : (Read more)http://www.indystar.com/article/20120322/LOCAL/203220373/1001/NEWS (attribution)

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