Crime & Safety
Relative Steals $1.9M From Elderly Man: Authorities
Douglas Boncosky, 54, of Barrington now faces aggravated identity theft and financial exploitation charges.
CARY, IL — A 54-year-old Barrington man faces felony charges for allegations he stole $1.9 million from an 80-year-old relative after he was named the elderly man's power of attorney, police said Wednesday.
Douglas Boncosky now faces aggravated identity theft, theft exceeding $1,000,000, financial exploitation and forgery charges in connection with the reported thefts, according to a news release from the Cary Police Department.
Police say Boncosky was named the power of attorney in 2018 for the 80-year-old family member, who lived in Cary at the time, according to a news release from the Cary Police Department. Between then and August, Boncosky is accused of unlawfully writing numerous checks and transferring funds from himself to his business from the elderly man's accounts.
Find out what's happening in Crystal Lake-Caryfor free with the latest updates from Patch.
In total, Boncosky stole $1.9 million from the family member, police said.
Boncosky has been arrested and is in custody at the McHenry County Jail. He is expected to appear for a detention hearing on Tuesday.
Find out what's happening in Crystal Lake-Caryfor free with the latest updates from Patch.
Get more local news delivered straight to your inbox. Sign up for free Patch newsletters and alerts.
