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.
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.
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Dave Williams | Capitol Beat News Service
Dave Williams is the Bureau Chief for Capitol Beat News Service. He is a veteran reporter who has reported on Georgia state government and politics since 1999. Before that, he covered Georgia’s congressional delegation in Washington, D.C.
