Sioux Falls. S.D. insurance agent Paul Wentzlaff is accused of stealing from two elderly clients and has pleaded guilty to embezzlement and fraud. He could face up to 20 years in prison.
Don Srstka, a special assistant attorney general, said Wentzlaff befriended two men in nursing homes and spent money they thought would be invested.
Srstka said Wentzlaff admitted taking $160,000, but the special assistant to the attorney general said that he’ll seek restitution of more than $400,000.
Copyright 2026 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Was this article valuable?
Here are more articles you may enjoy.
Chubb: Cyber Claim Severity Nearly Doubled for Large Businesses 
Married Massachusetts Insurance Brokers Plead Guilty to Defrauding Clients of $750K 
Meta Loses Insurance for Defense in Major Social Media Addiction Litigation 
Trump’s Demand for Admissions Data Sends Wary Colleges Scrambling 
