|
An investment counselor vanishes with $6 million of his clients’ money.
CASE DETAILS At 9:30 PM on June 8, 1985, a yacht was sighted drifting just off the shore of Lake Michigan. Its occupant was apparently in danger. Officer Wayne Brooks of the Zion Police Department responded to the 911 call:
 Police seized Woody’s records The owner of the yacht was 42-year old investment counselor Woody Kelly. No sign of Kelly, or his body, has ever been found. In 1975, Woody Kelly and his family settled near Lake Michigan in the small Illinois town of Antioch. At first, the Kellys lived in a modest neighborhood, but after he began an investment business, the family’s fortunes began to change. They moved to a mansion near a local lake. According to Antioch’s mayor, Robert Wilton, Woody Kelly quickly became one of the town’s most respected citizens:
Woody was a dedicated family man and often invited his new friends and neighbors to his luxurious home. Soon, many of his personal friends became business clients. One of the principal clients of Woody’s investment company was veterinarian Daniel Osgood:
Woody was able to promise and deliver an amazing 16 to 19 percent interest on his investments. And as his business flourished, so did his lifestyle. He owned four luxury cars, two airplanes, three different homes, and six boats. As a hobby, he even started a yacht charter service. On June 8, 1985, Kelly showed up at a yacht dealership to check on a new boat he had just purchased. David Kelly was the service manager working that day:
Kelly headed north towards Waukegan, Illinois, about 20 miles away. He told his family he would be home by 6:00 PM. However, Woody Kelly never returned. Over the next few days, the Coast Guard retraced Kelly’s route. When they found his sunglasses on the boat, they assumed he had accidentally fallen overboard. However, his body was never found. After this unusual disappearance, the town of Antioch was saddened. But as time passed, sadness turned to shock, and then anger. Evidence surfaced showing that Woody Kelly was more than a genial financial wizard… much more. The same week that Kelly disappeared, a client filed a civil suit accusing him of improper business practices. After Kelly vanished, Detective Dan Collin from the Lake County Sheriff’s Department became involved in the investigation:
When Kelly’s records were scrutinized, they showed that the bulk of the investors’ money had gone directly into his pocket. Almost six million dollars was missing. One of those investors was Dorothy Scichowski:
Seven years after Kelly disappeared, his wife tried to have him declared legally dead. At the hearing, two acquaintances testified that they had seen him after he disappeared. Not only was Woody Kelly not declared dead, but a federal grand jury indicted him on 18 counts of mail fraud and two counts of IRS fraud. There’s a warrant out for his arrest. Watch this case now on Amazon Prime in season two with Robert Stack and season seven with Dennis Farina. Also available on YouTube with Dennis Farina. Various seasons available now on Hulu. SUBMIT A TIP |
Anonymous
There is no way Woody is alive today. It’s been 30 years since he “vanished”. If still alive in 2022, he would be 79. Based on the last image of him being obese, I doubt he’s alive now.
Dennis
I tink think he is alive
Anonymous
Woody years ago had ties to important people from Saudi Arabia when he an electronic store. He was a strong family man who would not desert family and served his country in Vietnam. I suspect he was murdered
Eric E
He stole lots of money. family man my butt!!!
Dave
A financial planner who’s a crook???? No way!!!! Seriously, is every financial planner a crook? Greatest scheme of all time is the financial planning business. They can steal and never go to jail! Pathetic
industry
Hayley
For real.
John dow
You’ll never find him !
Robert Lee Ehlinger
Do tell?
Novel Idea
He refined and perfected the chumpy chumbalone to fit his liking then they cry foul about getting taken when all along it was an equal amount of scheming going on. He was king on separating a fool from his money I tip my hat to him. Next time you give a dollar at a street corner you may have gotten taken one more time by Woody.
Bill Blaski
3 post under this one that link is a dead ringer for Woody. By my math he would be 77yrs old?
roger sona
I was the Optometrist who prescribed the sunglasses that were found. True to form, He stiffed me on the bill for them.
Stacy Grieshaber
I just thought this episode was awesome. I worked at Amaco on 21st and lewis in zion when I was 18 in 2001 and officer Wayne brooks was head of swat. I served this man his coffee every morning. He also saved my butt from going to jail and helped me change my life around. Outstanding police officer and I’m proud to know him. Hope ya catch this guy. What a butthole.
Donna melendez
Found a woody Kelly on Twitter that sure looks like what he would look like now.
https://images.app.goo.gl/9sgE76pKbpWAQ45Q8
Franklin moorehart jr
That’s not woody Kelly
John
Shouldn’t the statute of limitations be up by now?
Andrew DeStefano
Not if they returned an indictment. Which they did.
RatherNotSay
I recently moved to a new area. This may be a long shot but I figure it’s worth someone looking into. I saw a man walk by my new home 2 days ago that very closely resembles this man (aged of course). Only thing that doesn’t make sense to me is the fact that the man looked like he was not a millionaire at all. He looked kind of poor and like I said, was walking. He had a backpack on. Same height though, and same face. He had long gray hair that was pulled back and looked to be a bit overweight. If it the same man he must have spent all that money and is now poor and hiding in my town is all I can think.
Charles
Where about did he live in Antioch
Was told this eared there other day and someone said that it looked like my house
Thanks for your time
Mark
Well, I believe he lived off of Lake Catherine or Lake Marie. However, the house that they show in the episode is the English tutor right next to Grass Lake School (which I attended at the time this episode aired).
Skippy
He lived on Cross Lake
Dave Wollert
Well here’s some of the story. Woody was my next door neighbor in Antioch. The day he pulled into his driveway with the $$ convertible, my Dad said hey Woody, What do ya have going on?? Woody said Stocks!! When he got the second car, Hmmm
Aside from what took place, the family was nice. I went into the Marines right after graduation in 82. I will never forget the letter I got from my Mom when this all started. Wow
I honestly don’t think he died the day he vanished. Too smart, and putting things into perspective, way easier “vanishing” then than nowadays. I saw the boat as a diversion to get away. We’ll probably never know
David Wollert
When this was going on he lived in the Oakwood Knolls subdivision. Zellinger lane to be exact which is a dead end street straight West of the beach.
Rebecca
Okay…..where is he if you guys know where he is???
Jeremy
Did they find him?
Douglas Graham
In 1984 I bought a 60′ yacht from Woody Kelly, which he kept in Ft. Lauderdale & chartered to the Bahamas. After I purchased the yacht, Kelly purchased the sport fisherman. I learned later from law enforcement that he, the embezzled 6 million and his girlfriend all went to Egypt. The reason we know this is he found a new girl friend in Egypt and dumped his first girlfriend & left her there. She in turn blew the whistle on him. I was contacted by the FBI, Scotland Yard & Interpol asking what I knew about him. His wife’s attorney eventually called me to ask if I would pay the balance owed on the yacht I had purchased, so the wife could get financial assistance. She had to show that she had no assets.
My E-mail is captdgraham@gmail.com
unsolved
Douglas – Thank you. We have passed your tip on to the FBI.
Wille droply
Hes still alive I know where he is
unsolved
Willie – Thank you. We have passed your tip on to the FBI.
Anonymous
I’m pretty sure I know where he is too I think you always stays where he likes it and he is able to do this over and over again
Eric
lol no u dont!