Georgian insurance coverage commissioner charged by federal authorities for fraudulent insurance coverage scheme

Jim Beck, Insurance coverage Commissioner of Georgia

I had simply completed my speech with Nicole Vinson on the Spring Georgia Convention, held this morning, on the spring convention organized by GAPIA. Jim Beck, the Insurance coverage Commissioner of Georgia, had been indicted as a part of a fraudulent grievance involving 38 individuals. inspections and invoices. Beck, a former lobbyist and chief of an insurance coverage firm, allegedly hijacked over 2 million , reportedly used a Christian group within the scheme, and a number of the cash would have gone to his marketing campaign.

Satirically, Jim Beck used a really highly effective anti-fraud platform. The Atlanta journal has revealed an article citing Beck about his lengthy historical past of preventing insurance coverage fraud:

After I was a younger man, my grandmother was a scammer with insurance coverage. This thief not solely robbed him of a lot of his financial savings, but in addition his peace of thoughts. I’m very proud to say that in my years of service as deputy commissioner, I led not solely the anti-fraud unit of the insurance coverage division, but in addition a staff of investigators in cost shoppers who collected tens of thousands and thousands of that Georgia's insurance coverage corporations legitimately owed to shoppers. Too typically, Georgian elders are focused by unscrupulous and high-pressure gross sales techniques. That’s the reason, from the primary day, I’ll double the penalties imposed on insurance coverage corporations responsible of the victimization of an honorably launched former veteran. Working intently with native legislation enforcement and prosecutors, the anti-fraud unit will aggressively establish and prosecute fraud.

One other report signifies that Beck and his representatives will battle these accusations vigorously. Everybody ought to keep in mind that Beck ought to be thought-about harmless till confirmed in any other case.

Nonetheless, the following assembly of the Anti-Fraud Activity Power Committee of the Nationwide Affiliation of Insurance coverage Commissioners ought to be fascinating and a bit worrisome. Jim Beck is a member of this committee.

A quote that ought to result in a thought for the day

You need to proceed this investigation on Watergate despite the fact that it results in the president. I’m harmless. You need to consider that I’m harmless. If you don’t do it, take my job.
– Richard M. Nixon