State suspends appraiser's license

Posted: Thursday, November 08, 2001

ANCHORAGE (AP) -- The state has suspended the real estate appraisal license of Ronald W. Wendte of Ketchikan, a former legislator.

Wendte in 1999 was convicted of stealing more than $250,000 from Ketchikan Little League, Little League District 2 and Kayhi Girls Basketball Club between 1993 and 1997. Prosecutors said Wendte used the money mostly for personal expenses, including luxury items.

He served seven months, mostly in a halfway house, of his one-year sentence and was ordered to pay $257,595 in restitution, little of which he has repaid, according to the state Division of Occupational Licensing.

His appraisal license is being suspended for two years and he will be on probation for another five years, the state said. The state hearing officer noted that the crime calls into question Wendte's integrity in providing an objective appraisal during a significant financial transaction for home buyers and sellers.

Wendte served one term in the Legislature in 1983-84. He is a former banker and former president of the Ketchikan Chamber of Commerce.

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