A Minnesota man, who lost his license to sell insurance in that state in December 2009, has now lost his license to practice in North Dakota as a result.

The North Dakota Insurance Department announced in an order signed by Commissioner Adam Hamm that the nonresident license of Michael J. Antonello, 58, was revoked effective March 8. The order states that since Antonello’s resident producer license was revoked late last year, North Dakota law allows his nonresident license to be revoked based on that action.

Antonello had his license suspended in April 2009 by the Minnesota Department of Commerce for allegedly using fraudulent means to purchase 44 life insurance policies for one man, totaling $127 million. Six months later, Antonello consented to his license revocation and to the revocation of the agency where he served as chairman, Wealth Management. He and the agency were ordered to pay a $250,000 fine in Minnesota.

“Mr. Antonello has shown himself to be extremely untrustworthy in working with insurance consumers,” Hamm said in a statement. “This revocation bars him from doing any insurance business in North Dakota.”

According to the Minnesota order, Antonello and his firm obtained excessive life insurance, made material misrepresentations on applications, profited by selling life insurance policies to life settlement companies and forged a signature on and tried to do business on behalf of a company two which he was not appointed.