Local educator, bookkeeper sentenced for embezzlement - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Meet our Editorial Staff
    • Advertise
    • Contact
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Newswires
Newswires RSS Get our newsletter
Order Prints
July 18, 2014 Newswires
Share
Share
Post
Email

Local educator, bookkeeper sentenced for embezzlement

Sheila Hagar, Walla Walla Union-Bulletin, Wash.
By Sheila Hagar, Walla Walla Union-Bulletin, Wash.
McClatchy-Tribune Information Services

July 18--WALLA WALLA -- A former Walla Walla University finance professor and self-employed bookkeeper will spend time in federal prison on a charge of wire fraud in connection with the theft of more than $800,000 from a local dentist.

Dana G. Thompson of College Place was sentenced in U.S. District Court in the Tri-Cities this week to serve 18 months in prison.

Thompson taught finance at the Seventh-day Adventist university in College Place for 15 years and kept books for about 13 years for Walla Walla Dental Care owner Dr. Dan Laizure.

Thompson pleaded guilty in April and in May told the Union-Bulletin there were extenuating circumstances in the case, but did not give additional details.

The theft from Laizure was carried out by writing unauthorized checks from the dentist to himself, banks and other people in guise of insurance company refunds, according to court documents. Upon deposit, those checks electronically debited Walla Walla Dental care's account.

In addition to his prison sentence, Thompson was ordered to pay $823,832 in restitution. Laizure is to be repaid $773,832, while $50,000 will go to Traveler's Insurance for costs associated with Laizure's investigation of the loss of money.

Thompson has handed over $34,000 from the sale of his home and a gold coin collection, according to court documents.

Court documents from his sentencing hearing Tuesday state Thompson will be on probation for three years following his release from prison. He will have to make all financial information available to his probation officer, including authorization to conduct credit checks and see federal income tax returns. Thompson also must disclose all financial assets and liabilities to the supervising officer, and he cannot sell or give away an asset without court approval.

As well, Thompson cannot incur any new debt, open lines of credit or enter into any financial contracts without permission from his probation officer, sentencing documents said.

Authorities may search him, his home, office or vehicle at any time during his probation, and he must complete a mental health evaluation and follow certain treatment recommendations.

Thompson has waived his right to appeal. The court recommended he serve his sentence at the federal prison in Sheridan, Ore.

Laizure said Thursday he refuses to be "bogged down" with the incident, and is looking forward.

"This is out of my hands," the dentist said. "I have way too many things to think about for the future."

Sheila Hagar can be reached at [email protected] or 526-8322.

___

(c)2014 Walla Walla Union-Bulletin (Walla Walla, Wash.)

Visit Walla Walla Union-Bulletin (Walla Walla, Wash.) at union-bulletin.com

Distributed by MCT Information Services

Wordcount:  430

Advisor News

  • The untapped potential of Qualified Longevity Annuity Contracts
  • NYC's fiscal outlook on downslide over budget gaps
  • Health insurance premium tax bill moving in Iowa House
  • Rising health care costs drive sharp increase in retirement anxiety
  • Health insurance premium tax bill moving in House
More Advisor News

Annuity News

  • An Application for the Trademark “GREAT-WEST LIFE & ANNUITY INSURANCE COMPANY” Has Been Filed by Great-West Life & Annuity Insurance Company: Great-West Life & Annuity Insurance Company
  • The forces shaping life and annuities in 2026
  • Variable annuity sales surge as market confidence remains high, Wink finds
  • New Allianz Life Annuity Offers Added Flexibility in Income Benefits
  • How to elevate annuity discussions during tax season
More Annuity News

Health/Employee Benefits News

  • Data on Pain and Central Nervous System Reported by Researchers at National Health Insurance Service (Unintended Consequences of Expanded Magnetic Resonance Imaging Reimbursement: A Nationwide Analysis Revealing Low Clinical Efficiency): Pain and Central Nervous System
  • Studies Conducted at Harvey L. Neiman Health Policy Institute on Managed Care Recently Reported (Increasing-Yet Varying-Radiologist Workforce Attrition Across Subspecialties): Managed Care
  • Researchers at University of Pittsburgh Release New Data on Insurance (Distributed fusion R-learner of heterogeneous treatment effect using distributed medicaid data): Insurance
  • Brooklyn nurses lose health care for weeks despite $15M from state
  • Prime Healthcare’s hospitals could soon be out-of-network for Blue Cross and Blue Shield of Illinois members
More Health/Employee Benefits News

Life Insurance News

  • Oaktree grabs control of Atlantic Coast Life Co. in blockbuster A-Cap deal
  • AM Best Removes From Under Review With Developing Implications and Downgrades Credit Ratings of Banner Life Insurance Company and William Penn Life Insurance Company of New York
  • The forces shaping life and annuities in 2026
  • Advantage Capital Holdings, LLC and Oaktree Sign Master Transaction Agreement
  • PHL Variable liquidation: Regulators, investors pivot legal fire to Nassau
More Life Insurance News

- Presented By -

Top Read Stories

More Top Read Stories >

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Elevate Your Practice with Pacific Life
Taking your business to the next level is easier when you have experienced support.

Your Cap. Your Term. Locked.
Oceanview CapLock™. One locked cap. No annual re-declarations. Clear expectations from day one.

Ready to make your client presentations more engaging?
EnsightTM marketing stories, available with select Allianz Life Insurance Company of North America FIAs.

Press Releases

  • RFP #T02226
  • YourMedPlan Appoints Kevin Mercier as Executive Vice President of Business Development
  • ICMG Golf Event Raises $43,000 for Charity During Annual Industry Gathering
  • RFP #T25521
  • ICMG Announces 2026 Don Kampe Lifetime Achievement Award Recipient
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Meet our Editorial Staff
  • Advertise
  • Contact
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.
Insurance News | InsuranceNewsNet