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 This material may not be published, broadcast, rewritten or redistributed.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.
UBS Top Executives to Appear at Senate Hearing on Credit Suisse Nazi Accounts 
One out of 10 Cars Sold in Europe Is Now Made by a Chinese Brand 
Berkshire Utility Presses Wildfire Appeal With Billions at Stake 
Why 2026 Is The Tipping Point for The Evolving Role of AI in Law and Claims 
Want to stay up to date?
Get the latest insurance news
sent straight to your inbox.