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Georgia Insurance Commissioner indicted in fraud case
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Candidate
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Contributor | RP |
Last Edited | RP May 14, 2019 01:59pm |
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Category | Legal Ruling |
Author | Joshua Sharpe, James Salzer |
News Date | Tuesday, May 14, 2019 07:00:00 PM UTC0:0 |
Description | Georgia Insurance Commissioner Jim Beck has been indicted on charges of wire fraud, mail fraud and money laundering.
A federal grand jury on Tuesday issued a 38 count indictment against the former insurance lobbyist and long-time leader of the Georgia Christian Coalition, alleging he committed fraud through a series of insurance-related schemes.
The proceeds of the alleged schemes earned him millions, some of which he even used for his campaign for statewide office, the indictment says. It says he spent thousands on personal expenses, investments, improving personal rental property and to pay his state and federal income taxes. |
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