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Georgia's Beck takes stand in federal fraud trial


Georgia s Beck takes stand in federal fraud trial
By FOX 5 Atlanta Digital Team
Published 
Jim Beck takes the stand in fraud trial
Jim Beck took the stand on Tuesday in what is expected to be the first of two days of testimony from the suspended insurance commissioner.
ATLANTA - Suspended Insurance Commissioner Jim Beck surprised many by taking the witness stand in his fraud trial on Tuesday and revealing the name of a mysterious computer programmer.
Beck testified on the first day the defense had a chance to present its case. Federal prosecutors rested their case on Monday after presenting witnesses who contend Beck secretly stole millions from a company he ran before he was elected. The state-created insurance company is called Georgia Underwriting Association. Beck managed GUA before he took office as the state’s top insurance regulator in 2019. ....

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Federal prosecutors question Beck about mysterious computer programmer


Federal prosecutors question Beck about mysterious computer programmer
By FOX 5 Atlanta Digital Team
Published 
Prosecution cross examines Jim Beck s testimony
Federal prosecutors got a chance to question suspended Insurance Commissioner Jim Beck about the mysterious Jerry Jordan among other things in his fraud trial.
ATLANTA - Suspended Insurance Commissioner Jim Beck took the witness stand for a second day in his federal fraud trial. Beck told jurors his testimony is my last chance to persuade them and the wider world that federal investigators ignored the truth in a misguided rush to indict him.
Beck is accused of being the mastermind in a scheme to steal more than $2.5 million from state-created insurance company Georgia Underwriting Association. Beck managed GUA before he took office as the state’s top insurance regulator in 2019. He was charged with wire fraud, mail fraud, money laundering and tax fraud months after taking office. ....

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Beck testifies cash from Georgia insurer was for real work


Beck testifies cash from Georgia insurer was for real work
July 20, 2021 at 5:08 pm
ATLANTA (AP) Georgia’s suspended insurance commissioner testified at his federal fraud trial Tuesday, saying he oversaw valuable work for his former employer and that hundreds of thousands of dollars that flowed to an entity he controlled was not part of a scam.
Jim Beck took the stand in his own defense in federal court, where he is accused of diverting more than $2 million from the Georgia Underwriting Association, the state-chartered private entity he led before taking office as the state’s top insurance regulator in 2019.
Beck was indicted in 2019, months after taking office, on charges of mail fraud, wire fraud, money laundering and filing false tax returns. ....

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