A former insurance agent from Warner Robins has admitted to taking $220,000 from a client and using the funds to pay other customers’ insurance premiums. Jeremy Lasseter, previously employed by Alfa Insurance, pleaded guilty to one count of bank fraud in federal court before Judge Marc Treadwell.
According to court records, Lasseter instructed his client to withdraw money under the pretense that it would cover their insurance premiums. Instead, he used the funds for other clients without informing or obtaining permission from the original client. The payments were made either in cash or by check addressed directly to Lasseter rather than Alfa Insurance. Elizabeth Howard, the federal prosecutor on the case, said Lasseter claimed this method was preferable for tax reasons.
The fraudulent activity occurred between March 2020 and September 2023. If convicted, Lasseter could face up to 30 years in prison and a fine of up to $1 million. The final sentence will be determined by Judge Treadwell according to federal guidelines.
Alfa Insurance spokesperson Jeff Helms confirmed that Lasseter was terminated as an exclusive agent on September 27, 2023, citing unrelated reasons for his dismissal. “A … review of Lasseter‘s book of business prompted Alfa to notify the Georgia Department of insurance and federal law enforcement,” Helms said. “Alfa has fully cooperated with law enforcement throughout the investigation and is eager to see justice served.”
Lasseter remains out of custody pending sentencing. No date has been set for that hearing.
