Ex-Insurance Agent Heads To Theft Trial

June 27, 2014 by The Associated Press

WICHITA, Kan. (AP) — The attorney for a former Kansas insurance agent accused of stealing nearly $2 million from policyholders says the case is expected to go to trial.

Kari Schmidt said Thursday that her client, Jason Matthew Pennington, has not reached a plea deal with federal prosecutors. He is charged with 47 counts that include wire and mail fraud and money laundering.

Schmidt says she believes his case will be going to trial in August.

Pennington’s father, James L. Pennington, is also charged. A court notation Thursday listed a change-of-plea hearing for the father July 14.

The elder Pennington is charged with four counts of filing a false tax return. His attorney declined comment.

Originally Posted at InsuranceNewsNet on June 27, 2014 by The Associated Press.