Hinsdale Man Sentenced to Prison for Stealing $345,000 From His Employer

CONCORD - Hinsdale resident Michael Darcy, age 49, was sentenced today by U.S. District Judge Steven J. McAuliffe to 15 months in prison and one year of supervised release for stealing almost $345,000 from his employer, U.S. Attorney Erin Creegan announces. Darcy was also ordered by Judge McAuliffe to pay full restitution of the stolen funds. Darcy admitted to the embezzlement when pleaded guilty to five counts of bank fraud in July.

According to court records, Darcy worked for almost 20 years at a small Hinsdale business. He was the sole employee and operations manager, overseeing day-to-day operations for the business, including its finances. In late 2024, the business owner noticed a shortfall in the business's bank account and that there were unauthorized checks payable to Darcy. An investigation showed that over the years, Darcy stole almost $345,000 from the business owner by writing fraudulent checks. Darcy concealed the fraud by writing false memos on the checks and doctoring the accounting records. Darcy spent the much of the funds, approximately $142,000, on pornographic online chats.

"This defendant took advantage of a trusting employer, falsifying records to cover up his theft of hundreds of thousands of dollars of company funds for pornography and other personal expenses," said U.S. Attorney Creegan. "Today's sentence shows there are consequences for these actions."

"Michael Darcy had no qualms about ripping off his employer - stealing over a quarter of a million dollars to pay for pornography and other purchases for himself. His betrayal and callousness is staggering," said Ted E. Docks, Special Agent in Charge of the FBI's Boston Division. "While we can't undo all the stress and financial damage he caused, the FBI is gratified to see Mr. Darcy finally being held accountable for his crimes. The FBI will never stop working to protect the public from crooks like him."

"Today's sentencing of Michael Darcy demonstrates IRS-CI's commitment to seeking justice for the victims of all financial crimes," said Thomas Demeo, Special Agent in Charge of the Internal Revenue Service Criminal Investigation, Boston Field Office. "Darcy abused his position for his own self-enrichment when he chose to exploit the trust of his employer to forge checks and conceal his crimes. Darcy's sentence is one step closer in the legal process to making the victim whole again."

The Hinsdale Police Department, FBI, and IRS Criminal Investigations led the investigation. Assistant U.S. Attorneys Alexander S. Chen and Sarah Gaughan prosecuted the case.