Two in Granite Falls sentenced for financial exploitation of elderly man - 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
    • Advertise
    • Contact
    • Editorial Staff
    • 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
November 21, 2018 Newswires
Share
Share
Post
Email

Two in Granite Falls sentenced for financial exploitation of elderly man

West Central Tribune (Willmar, MN)

Nov. 21--GRANITE FALLS -- Two people from Granite Falls have been sentenced to potentially serve annual 60-day jail terms for five years for financial exploitation of a vulnerable adult.

Mark Alan Syring, 50, and Jerilyn Marie Holmes, 70, were sentenced this month in Yellow Medicine County District Court on charges related to cleaning out the bank accounts of a 93-year-old man.

Syring was sentenced for one felony charge of financial exploitation of a vulnerable adult. He had pleaded guilty to one felony in September. He had been initially charged with three additional financial exploitation charges.

Holmes had pleaded guilty in October to a felony charge of check forgery.

Both received a stay of imposition of sentence, meaning if they comply with all the conditions set by the court, their convictions may be be reduced to misdemeanors.

Both received a 305-day jail term, which was stayed for five years. They were placed on probation for five years.

Syring was ordered to pay $14,480.62 in restitution. Holmes was ordered to pay $11,300 in restitution. Part of the restitution, $8,800, is a joint and several obligation, meaning they are equally responsible for paying that amount.

Both were ordered to serve 60 days in the Yellow Medicine County Jail beginning Oct. 30 in 2019, 2020, 2021, 2022 and 2023. The jail time may be deferred for each of them each year. To avoid jail, they must pay a verified $2,000 in restitution by Oct. 30 each year.

Syring will be required to undergo a gambling assessment and is not allowed to hold a fiduciary position or be a guardian or power of attorney during his probation.

In February, Yellow Medicine County authorities were asked to check on the welfare of an elderly man. Syring has power of attorney for the man. During their initial visit, county officials did not see anything about the condition of the man or his home to cause concern.

However, when they asked to see his checkbook, Syring said he didn't know where it was and that Holmes, the man's personal care attendant, handled his checkbook. Holmes told authorities she didn't have documents related to the checkbook, but she knew the man's bank accounts were overdrawn.

A review of bank records showed that Holmes appeared to have been paid more than Syring had said. Other checks did not appear to be related with the man's care. The man's accounts were found to be overdrawn, and his utilities hadn't been paid.

Syring admitted that a $2,000 check was written to a woman "bugging him for money." A $2,500 check was written to pay another woman's legal fees. Other checks had been used at Prairie's Edge Casino. Syring and Holmes also allegedly said some of the other missing money had been used for meals and gambling.

___

(c)2018 West Central Tribune (Willmar, Minn.)

Visit West Central Tribune (Willmar, Minn.) at www.wctrib.com

Distributed by Tribune Content Agency, LLC.

Older

Best’s Market Segment Report: Gibraltar Insurance Market Enjoys Solid Performance but Brexit Creates Uncertainty

Newer

Global Body-Part Insurance Market Analysis 2018-2023 : Munich Re Group, AXA, Nippon Life Insurance, AVIVA, Berkshire Hathaway, Assicurazioni Generali, AIG, ING Group

Advisor News

  • DOL proposes new independent contractor rule; industry is ‘encouraged’
  • Trump proposes retirement savings plan for Americans without one
  • Millennials seek trusted financial advice as they build and inherit wealth
  • NAIFA: Financial professionals are essential to the success of Trump Accounts
  • Changes, personalization impacting retirement plans for 2026
More Advisor News

Annuity News

  • F&G joins Voya’s annuity platform
  • Regulators ponder how to tamp down annuity illustrations as high as 27%
  • Annual annuity reviews: leverage them to keep clients engaged
  • Symetra Enhances Fixed Indexed Annuities, Introduces New Franklin Large Cap Value 15% ER Index
  • Ancient Financial Launches as a Strategic Asset Management and Reinsurance Holding Company, Announces Agreement to Acquire F&G Life Re Ltd.
More Annuity News

Health/Employee Benefits News

  • GOVERNOR HOCHUL LAUNCHES PUBLIC AWARENESS CAMPAIGN TO EDUCATE NEW YORKERS ON ACCESS TO BEHAVIORAL HEALTH TREATMENT
  • Researchers from Pennsylvania State University (Penn State) College of Medicine and Milton S. Hershey Medical Center Detail Findings in Aortic Dissection [Health Insurance Payor Type as a Predictor of Clinical Presentation and Mortality in …]: Cardiovascular Diseases and Conditions – Aortic Dissection
  • Medicare Advantage Insurers Record Slowing Growth in Member Enrollment
  • Jefferson Health Plans Urges CMS for Clarity on Medicare Advantage Changes
  • Insurance groups say proposed flat Medicare Advantage rates fail to meet the moment
More Health/Employee Benefits News

Life Insurance News

  • Baby on Board
  • Kyle Busch, PacLife reach confidential settlement, seek to dismiss lawsuit
  • AM Best Revises Outlooks to Positive for ICICI Lombard General Insurance Company Limited
  • TDCI, AG's Office warn consumers about life insurance policies from LifeX Research Corporation
  • Life insurance apps hit all-time high in January, double-digit growth for 40+
Sponsor
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.

Get up to 1,000 turning 65 leads
Access your leads, plus engagement results most agents don’t see.

What if Your FIA Cap Didn’t Reset?
CapLock™ removes annual cap resets for clearer planning and fewer surprises.

Press Releases

  • ICMG Announces 2026 Don Kampe Lifetime Achievement Award Recipient
  • RFP #T22521
  • Hexure Launches First Fully Digital NIGO Resubmission Workflow to Accelerate Time to Issue
  • RFP #T25221
  • LIDP Named Top Digital-First Insurance Solution 2026 by Insurance CIO Outlook
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
  • Advertise
  • Contact
  • Editorial Staff
  • 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