Indicted Georgia insurance commissioner suspends himself

Georgia News
Jim Beck R Insurance_1524846887489.jpg_40967682_ver1.0_640_360_1558039354719.jpg.jpg

ATLANTA (AP) – Georgia’s insurance commissioner says he will voluntarily suspend himself from office two days after being indicted on federal charges of wire fraud, mail fraud and money laundering.

A 38-count indictment accuses Jim Beck of orchestrating an elaborate invoicing scheme to steal more than $2 million from his former employer before being elected in November.

Beck sent a letter to fellow Republican Gov. Brian Kemp on Thursday voluntarily suspending himself. Kemp had called for Beck to resign.

Under his self-imposed suspension, Beck will continue to receive his $120,000 salary.

Beck has maintained his innocence and pleaded not guilty Wednesday.

At the same hearing, a judge imposed a $25,000 bond and banned Beck from conducting business with his former employer, the Georgia Underwriters Association.   

You can read The Governor’s letter to Beck HERE

You can read Beck’s letter to the Governor HERE

You can read the executive order HERE

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