Ex-insurance agent accused of stealing $2 million

WICHITA, Kansas (AP) – Federal prosecutors have charged a former Kansas insurance agent with stealing nearly $2 million from policyholders.

The U.S. attorney’s office says a 51-count indictment unsealed Tuesday alleges 41-year-old Jason Matthew Pennington, of Bel Aire, defrauded customers and lied to beneficiaries to cover up the thefts. He’s charged with wire fraud, attempted wire fraud, money laundering, attempted bank fraud and making false statements to a financial institution.

His 65-year-old father, James L. Pennington, of Wichita, is charged with four counts of filing false tax returns.

Neither had an attorney listed in court records, and their home phones were disconnected.

Among the alleged victims was Marlene Brown, a Wichita teacher and philanthropist who died in 2009.

Jason Matthew Pennington was a State Farm Insurance agent from June 2000 until June 2010.

(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

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