October 19, 2021

Ex-GA insurance commissioner Jim Beck gets 87 months for fraud – 95.5 WSB

Jim Beck’s voice broke as he addressed the judge in federal court, for the first time admitting what the jury in his federal trial had decided back in July: He is to blame for a fraud and money laundering scheme which the federal government says bilked his former employer out of more than $2.5 million.

“I hear and accept the jury’s verdict,” the 60-year-old said, noting that he loves his wife, Lucy, with all of his heart–but that his actions brought heartache to her door. “I’m completely and totally responsible.” His family had never let him down, said Beck.

“I failed them.”

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