A Sycamore woman is facing criminal charges after allegations that she stole several thousand dollars from one of her clients’ bank accounts.
Sharon Johnson-Walloch, 56, has been charged with one count of aggravated identity theft of someone over the age of 60 with a theft of more than $100,000 and one count of financial exploitation of an elderly person over the age of 70 with a theft of more than $15,000.
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A man filed a police report with the Rockford Police Department, claiming that his accountant stole thousands of dollars from his business and personal bank accounts.
He told investigators that he recruited Johnson-Walloch, the accountant, in 2020. He was 71 at the time.
According to court documents, the man informed officers that he trusted her with his various checkbooks so she could pay all of his personal and company expenditures. He stated that Johnson-Walloch would handle the bills and draft checks for him, and he would review them to ensure that everything was correct before signing off on them.
The man was diagnosed with cancer in 2022, shortening his life significantly.
According to the documents, he handed Johnson-Walloch a stamp of his signature so she could handle all of the payments without his scrutiny since he trusted her.
In late 2025, he discovered a cheque addressed to Aspire Elite Services LLC, Johnson-Walloch’s accounting firm.
When he dug more, he discovered additional payments made to the firm, as well as transactions from his bank account to her credit cards.
According to the Rockford police officer who investigated the crime, Johnson-Walloch manages the Sycamore bar Denim and Diamonds. During the investigation, the officer learned that the owner of Denim and Diamonds was registered as Marjohn Investments LLC, which is managed by Aspire Elite Services, and Johnson-Walloch was designated as the service agent.
The investigator obtained a subpoena for all credit cards affiliated with Johnson-Walloch and Marjohn Investments.
According to court filings, three credit cards received ACH payments from the man’s personal account:
- Capitol One credit card of Johnson-Walloch: $12,557.10
- Capitol One credit card of Johnson-Walloch: $14,290.51
- Capitol One credit card of Marjohn Investments: $55,023.53
The credit card payments from the victim’s personal account total $81,871.14.
The investigator also obtained a subpoena for checks payable to Aspire Elite Services. According to documents, ten cheques were put into Johnson-Walloch’s personal and company accounts at Resource Bank in Sycamore.
These ten checks totaled $20,465.60.
In total, $102,336.74 was moved from the victim’s account.
Johnson-Walloch appeared in court on Thursday, March 19, and is set to return for an arraignment hearing on May 20.
