Former Issaquah insurance agent sentenced to 75 months in prison

March 10, 2012

By Warren Kagarise

NEW — 11 a.m. March 10, 2012

The former Issaquah insurance agent convicted of swindling more than $1 million from elderly clients is headed to prison for up to 75 months.

Jasmine Jamrus-Kassim pleaded guilty in October 2011 to 10 counts of first-degree theft in King County Superior Court. Prosecutors reduced the number of charges from 21 as part of a plea deal.

The sentencing March 9 in King County Superior Court came after months of delays and after Jamrus-Kassim requested a different attorney.

Prosecutors said she stole at least $1,052,088 between late 2007 and late 2009. The seniors made out checks to Jamrus-Kassim. The clients thought she intended to reinvest the money for them.

Instead, she funneled the money into a personal account for clothes, jewelry, online psychic advisers and a trip to Mexico.

“This rogue agent shamelessly took advantage of vulnerable clients,” state Insurance Commissioner Mike Kreidler said in a statement. “In some cases, she stripped people of their life’s savings.”

State insurance investigators and Washington State Patrol troopers arrested Jamrus-Kassim in March 2011. Investigators initially attempted to arrest her at her former Issaquah residence.

Jasmine Jamrus-Kassim was arrested in March 2011 after an investigation by the state insurance commissioner’s Special Investigations Unit found that Kassim had taken $1,052,088 from five of her clients.

Bankers Life and Casualty, a company Jamrus-Kassim used to work for, agreed last year to repay the money she stole, plus interest.

“I’m glad that the company stepped up to make these victims whole,” Kreidler said. “The tragedy is that one of the victims died before learning that the money would be repaid.”

The money instead went to the late man’s estate.

The state launched the investigation after a 90-year-old Renton woman filed a complaint about Jamrus-Kassim.

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