Douglas Boncosky, 55, of Barrington
By Sam Borcia | Lake & McHenry County Scanner
A man has been sentenced to five years in prison and ordered to pay restitution of nearly $2 million to an elderly woman who he stole the money from in Cary.
The Cary Police Department said they received a report on August 26, 2023, of a person stealing money from an elderly family member.
The suspect, Douglas Boncosky, 55, of Barrington, was named power of attorney in 2018 over an 80-year-old woman, according to Cary Deputy Police Chief Scott Naydenoff.
The victim, who is a family member of Boncosky, resided in Cary.
Detectives began an investigation and determined that Boncosky unlawfully wrote numerous checks to himself and his business, Americas Best Bath Company, from the victim’s account, Naydenoff and prosecutors said.
He also unlawfully transferred funds to himself and his business from the victim’s account, Naydenoff said.
Naydenoff said evidence obtained showed an estimated $1.9 million was stolen and used by Boncosky for personal gain.
The case was reviewed by the McHenry County State’s Attorney’s Office, which in October 2023 approved charges of aggravated identity theft, theft exceeding $1 million, financial exploitation and forgery.
The most serious charges against Boncosky were Class X felonies, which carry six to 30 years in prison.
More here.
Related: “Former CEO accused of stealing $1.8M from relative allowed access to funds to pay lawyer,” “Barrington man charged with stealing $1.9 million from elderly woman in Cary over span of 4 years”
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