A former Fargo insurance agent has been sentenced to three years in prison and five years on supervised probation for stealing hundreds of thousands of dollars from three women.
Fifty-seven-year-old Jeffrey Neppl was accused of using client money to fund his struggling personal businesses, which included his insurance business, a car dealership and a transport service for the elderly and disabled. He pleaded guilty to felony misapplication of entrusted property.
Neppl also was ordered to repay about $209,000. Authorities allege he actually stole more than $500,000 but say a 3-year statute of limitations presented some of the money from being included in the prosecution.
North Dakota Insurance Commissioner Adam Hamm revoked Neppl’s license to do business last fall.
Topics Agencies
Was this article valuable?
Here are more articles you may enjoy.
Trucking App Trucker Path Launches Retail Insurance Agency
Trump Plan Would Open Almost All Coast to Offshore Drilling
AWS Outage a ‘Moderate Incident,’ Another Near Miss for Insurance Industry
New York Hospital Insurer Files for Bankruptcy, Citing Child Sex Abuse Claims 

