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.
NYC Mayor Mamdani Widens Delivery-App Crackdown With Lost-Pay Lawsuit
Florida OIR Triples the Size of Citizens’ Rate Decrease
Thumbs Down on SELF DRIVE Act as Written, Says Industry Trades
Consumer Acceptance of Telematics Widens, Says Survey 

