Wichita ? Kansas regulators have suspended the license of a Wichita insurance agent in a rare emergency order.

That’s in the wake of a federal probe over alleged fraud linked to the trust of an elderly woman.

The action was taken Monday against former State Farm insurance agent J. Matthew Pennington.

It comes as the Federal Bureau of Investigation looks into his handling of the trust and estate of retired Wichita teacher Marlene Brown, who died last year.

The emergency order alleges Pennington deposited the proceeds of a million-dollar life insurance from her trust into his own accounts.

He also is accused of keeping for himself a baseball autographed by Babe Ruth valued at $100,000