CLEARFIELD – A former Curwensville insurance agent had his preliminary hearing continued.
William M. Elensky, Jr., 34 of Ebensburg. Elensky is the former owner of Elensky Insurance Agency, located in Curwensville. The Attorney General’s Insurance Fraud Section filed criminal charges against him, accusing him of stealing more than $91,000 in annuity and insurance monies from clients and businesses.
According to a previous release from the Attorney General’s office, Elensky, between August 2004 and July 2006, took payments from numerous individuals and businesses to be used in establishing annuity policies or purchasing liability and workers’ compensation coverage. Elensky created fictitious insurance documents for individuals and businesses and redirected $ 91,000 in annuity and insurance monies for his own use.
Elensky allegedly generated a fictitious insurance liability policy for a Clearfield County masonry company; misappropriated funds from a volunteer fire company relief association and made personal use of payments provided by another business that was to be used to purchase workers’ compensation coverage. Elensky also took thousands of dollars he received from individuals to be placed into annuity policies and instead used the money for his own personal benefit.
Elensky is charged with twelve counts each of theft by failure to make required disposition of funds and theft by deception. Sixteen counts are third-degree felonies, punishable by up to seven years in prison and a $15,000 fine; eight counts are first-degree misdemeanors, punishable by up to five years in prison and a $10,000 fine.
His preliminary hearing is now scheduled for Jan. 23.
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