File Photo | Credit: Algonquin Police Department.

An arrest warrant has been issued for a 39-year-old Indiana man who allegedly defrauded an elderly man out of $3,000 for repairs to his Algonquin home.

Michael P. Geary, 39, of the 6500 block of Rose Ellen Avenue in Portage, Indiana, has been charged with aggravated home repair fraud, a Class 2 felony.

Kane County prosecutors said that Geary, who used to live in Hoffman Estates, entered into an agreement in October 2018 with an Algonquin resident to perform a home repair project. The resident paid Geary an amount of $3,000 in advance for project materials.

“Geary immediately deposited the money into his bank account. After several months Geary still hadn’t started the work and the resident asked for a refund,” the Kane County State’s Attorney’s Office said in a statement.

Geary told the resident in early 2019 that he would refund the deposit but did not. The charge is considered ‘aggravated’ because the victim is older than 60, prosecutors said.

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The Algonquin Police Department conducted an investigation and a Kane County judge signed a warrant Thursday for Geary’s arrest.

The warrant carries a $50,000 bond. Geary’s initial court appearance will be determined once he is in custody.