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.
State Farm Agrees to $15M Settlement for Underpaid Vehicle Claims
Three Sentenced in Bear-Suit Attacks Insurance Fraud Case
AI for the Defense: Should Insurers or Law Firms Pay?
Florida Needs More – Much More – Wind Mitigation, Say Experts at OIR Summit 

