Former insurance commissioner Jim Beck to be sentenced in $2M fraud case – WSB-TV Channel 2 | #phishing | #scams


ATLANTA — Georgia’s former insurance commissioner Jim Beck is back in federal court Tuesday for sentencing.

Earlier this year, a jury convicted beck of fraud and stealing more than $2 million from a former employer.

Authorities said Beck used the money to fund his election campaign and pay his credit card bills and his taxes.

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Beck managed the state-created insurance company Georgia Underwriting Association before he became Commissioner in 2019.

The GUA was designed to provide Georgia homeowners with high-risk property insurance.

“The evidence makes completely clear that Jim Beck … is a thief,” Assistant U.S. Attorney Brent Gray had said at trial. “He is an ordinary, plain, fast talking — and rich — fraudster.”

Gov. Brian Kemp suspended him in May 2019.

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The Associated Press contributed to this report.





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