Georgia Insurance Commissioner Indicted In $2 Million Fraud Scheme

Georgia Insurance Commissioner Jim Beck was accused Tuesday by a federal grand jury of stealing more than $2 million from his former employer.

The 38-count indictment charges Beck, an ex-insurance lobbyist and long-time leader of the Georgia Christian Coalition, with fraud and money laundering in an elaborate scheme to defraud the Georgia Underwriting Association.

With the stolen cash, the Republican allegedly paid his credit card bills and taxes — and even funded the 2018 campaign that landed him in office.

Beck’s, whose lawyers said he denies the charges, is expected to surrender to U.S. Marshals on Wednesday in downtown Atlanta, said U.S. Attorney Byung J. “BJay” Pak.