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You are here: Home / News / Georgia Insurance Commissioner Indicted for $2 Million Fraud Scheme

Georgia Insurance Commissioner Indicted for $2 Million Fraud Scheme

May 15, 2019 By CollisionWeek Editor

Georgia Insurance Commissioner Jim C. Beck was indicted by a federal grand jury yesterday on charges of wire fraud, mail fraud and money laundering.  The 38-count indictment alleges that Beck stole more than $2,000,000 from his former employer, the Georgia Underwriting Association, during the five years just prior to Beck’s election to statewide office in November, 2018.

 “The grand jury seeks to hold Commissioner Beck accountable for taking advantage of his position at the Georgia Underwriting Association.  Beck allegedly pocketed a substantial amount of money to which he was not entitled while he was the GUA General Manager for Operations,”

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Filed Under: News Tagged With: Fraud, Georgia, Indictment, Insurance Commissioner, Lawsuits

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