William Leon Fenoglio of Bowie pleaded guilty and was convicted of one count of theft against an elderly individual on March, 13, in the 142nd District Court of Midland County in cause no. CR34548. Fenoglio, a licensed insurance agent, persuaded the individual to invest $30,000 in his agency for one year at 15 percent interest. Instead, Fenoglio used the investor's funds to pay unrelated personal expenses. Fenoglio was sentenced to six years community supervision and ordered to pay restitution to the victim in the amount of $28,500.