Georgia’s Insurance and Fire Safety Commissioner, Jim Beck was indicted on Tuesday for allegedly embezzling more than $2 million.
The indictment is for 38 counts of wire fraud, mail fraud, and money laundering. The U.S. Attorney’s office outlined a complex invoicing scheme to defraud Beck’s previous employer, the Georgia Underwriting Association between February of 2013 and August of 2018.
Beck took office in January 2019. The investigation began 10 months ago, as FBI Special Agent in Charge Chris Hacker explained in a Tuesday press conference. He said it started after a referral from the Georgia State Inspector General.
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