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Attorney sentenced to 8 years for theft

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Stacy Sheedy, the Indianapolis attorney and accountant who pleaded guilty to theft charges for misappropriating nearly $600,000 from a guardianship account and family trust, was sentenced to eight years in prison Thursday.

Sheedy was arrested in January after grand jury investigators found $596,000 in withdrawals and unaccounted for funds from those accounts she managed. She pleaded guilty to two counts of Class C felony theft in March. She will serve a concurrent sentence on both counts.

As part of the plea agreement, Sheedy agreed to the release of three seized bank accounts as well as the release of seized “Lord of the Rings” and other movie memorabilia.

Sheedy was admitted to practice in Indiana in 1996, according to the Indiana Roll of Attorneys. She was suspended from the practice of law in June 2011 for failing to cooperate with the Disciplinary Commission’s investigation of a grievance filed against her. The Indiana Supreme Court reinstated her on July 26.

The Supreme Court may suspended attorneys found guilty of a felony pending further order of the court.

 

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  1. Excellent initiative on the part of the AG. Thankfully someone takes action against predators taking advantage of people who have already been through the wringer. Well done!

  2. Conour will never turn these funds over to his defrauded clients. He tearfully told the court, and his daughters dutifully pledged in interviews, that his first priority is to repay every dime of the money he stole from his clients. Judge Young bought it, much to the chagrin of Conour’s victims. Why would Conour need the $2,262 anyway? Taxpayers are now supporting him, paying for his housing, utilities, food, healthcare, and clothing. If Conour puts the money anywhere but in the restitution fund, he’s proved, once again, what a con artist he continues to be and that he has never had any intention of repaying his clients. Judge Young will be proven wrong... again; Conour has no remorse and the Judge is one of the many conned.

  3. Pass Legislation to require guilty defendants to pay for the costs of lab work, etc as part of court costs...

  4. The fee increase would be livable except for the 11% increase in spending at the Disciplinary Commission. The Commission should be focused on true public harm rather than going on witch hunts against lawyers who dare to criticize judges.

  5. Marijuana is safer than alcohol. AT the time the 1937 Marijuana Tax Act was enacted all major pharmaceutical companies in the US sold marijuana products. 11 Presidents of the US have smoked marijuana. Smoking it does not increase the likelihood that you will get lung cancer. There are numerous reports of canabis oil killing many kinds of incurable cancer. (See Rick Simpson's Oil on the internet or facebook).

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