In the wake of Tuesday’s indictment by a federal grand jury on charges that he stole money from his former employer, State Insurance Commissioner Jim Beck says he will fight to clear “his good name.”
Beck faces 38 charges of wire fraud, mail fraud and money laundering. The indictment alleges Beck conducted a wide-ranging scheme through several companies and the Georgia Christian Coalition, including fraudulent billing and the sale of false sponsorships to the GA Christian Coalition. According to the indictment, the money — said to be in excess of $2 million — was used to pay for personal credit card bills, income tax bills, retirement funds and to fund Beck’s statewide election campaign for Insurance Commissioner. Beck largely self-funded his primary campaign.
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