Only three fossils in the Pyraloidea (Insecta, Lepidoptera) have been confirmed to date, two adults and one larva. The first confirmed larva, in the subfamily Pyraustinae (Crambidae), was described from Baltic amber. Recently, another pyraloid larva from Dominican amber has come to our attention. We describe this second confirmed larval fossil as Penestola wichardi Solis, Léger & Neumann, sp. nov., based on larval morphological characters, such as setal patterns and the shape of their sclerotized bases or pinacula, and place it in the subfamily Spilomelinae (Crambidae).