Former Georgia Insurance chief Jim Beck gets jail time

October 12, 2021
1 min read
Former Georgia Insurance Commissioner Jim Beck was sentenced to more than seven years in prison Tuesday for fraud and money laundering, Fox 5 News in Atlanta reported.
Jim Beck. Photo by Zach191944 - Own work

Former Georgia Insurance Commissioner Jim Beck was sentenced to more than seven years in prison Tuesday for fraud and money laundering, Fox 5 News in Atlanta reported.

A federal indictment charged Beck with 37 counts of wire fraud, mail fraud, money laundering and tax fraud for embezzling more than $2.5 million from the Georgia Underwriting Association in Suwanee. He served as the association’s manager before being elected insurance commissioner in 2018.

Beck, a Republican, didn’t serve long before Gov. Brian Kemp suspended him after the indictment was handed down in May 2019. However, he has continued to receive his salary of $195,000 a year while on suspension.

The governor subsequently appointed Doraville Police Chief John King to replace Beck. King will be seeking a full four-year term next year.

TOO MANY ADS? GO AD-FREE
Did You Know?: The ads you see on this site help pay for our website and our work. However, we know some of our readers would rather pay and not see ads. For those users we offer a paid newsletter that contains our articles with no ads.
What You Get: A daily email digest of our articles in full-text with no ads.

Beck has remained free on bail. However, he has been mostly confined to his home in Carrollton.

The prosecution had sought a 10-year prison sentence for Beck. U.S. District Judge Mark Cohen sentenced him to serve a sentence of 87 months and pay $2.6 million in restitution.

Read All About It

The form you have selected does not exist.


Trending

Counties in The News
457
274
228
151
137
120
see more close table

Events Calendar