October 23, 2024
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Crystal Lake man pleads guilty to theft of more than $100K from Lake in the Hills business

Prosecutors allege he stole close to $400,000

By Amanda Marrazzo
The Michael J. Sullivan Judicial Center in Woodstock houses McHenry County's courts.

The Michael J. Sullivan Judicial Center in Woodstock houses McHenry County's courts. (Matthew Apgar)

A Crystal Lake man pleaded guilty Wednesday to stealing more than $100,000 from the Lake in the Hills business where he worked, according to McHenry County court records.

Donovan Greene, 32, of the 6100 block of Sands Road, pleaded guilty to theft of $100,000 to $500,000, a Class 1 felony, according to an order filed Wednesday.

A Class 1 felony is punishable by four to 15 years in prison and also is probational.

In exchange for entering the guilty plea, other charges were dismissed, including defrauding a financial institution of between $10,000 and $100,000, and the fraudulent use of a credit card involving more than $150, according to court records.

“This was not a negotiated plea and there is currently no agreement in place for sentencing.”

—  Assistant State's Attorney Ashur Youash

Between Feb. 23, 2015, and Sept. 4, 2020, the indictment alleged that Greene “with the intent to defraud” executed a loan scheme using the names of the owners of AMS Store and Shred, a business in Lake in the Hills, and issued himself double paychecks while acting as the business’s accountant.

The complaint also alleged that Greene stole $138,032 in cash from the business.

McHenry County Assistant State’s Attorney Ashur Youash said Greene worked for the business and committed the offenses over a span of almost five years.

Youash said Greene was responsible for the accounting department and “gave himself extra payroll checks, additional commission earnings and used a company credit card for personal purchases.”

Prosecutors estimate he stole about $400,000. The company’s insurance covered $175,000 of the loss, and Greene likely will be required to pay back the remaining $225,000, which may be addressed at a sentencing hearing set for Sept. 13, Youash said.

“This was not a negotiated plea and there is currently no agreement in place for sentencing,” Youash said.

Greene’s attorney and a representative from the business declined to comment.

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