Former insurance chief sentenced to 7 years in prison

Former Georgia Insurance Commissioner Jim Beck was sentenced to more than seven years in prison Tuesday for fraud and money laundering, Fox 5 News in Atlanta reported. A federal indictment charged Beck with 37 counts of wire fraud, mail fraud, money laundering and tax fraud for embezzling more than $2.5 million from the Georgia Underwriting Association in Suwanee. He served as the association’s manager before being elected insurance commissioner in 2018.

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Capitol Beat News Service