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Georgia Insurance Regulator Faces 38 Count Indictment for Defrauding Insurer; Claims Innocence

May 14, 2019 / Amy Connor

A federal grand jury has indicted Georgia Insurance Commissioner Jim Beck on 38 counts of wire fraud, money laundering and mail fraud in an alleged $2 million scheme to defraud the Georgia Underwriting Association (GUA), his former employer.Beck, who was elected to his office, has been ordered to report to authorities by noon on Wednesday, May 15, according to the U.S. Attorney’s Office.