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/PRNewswire/ -- The Life Insurance Direct Marketing Association (LIDMA) is now accepting nominations for their prestigious "Innovation Award" of life insurance...
ENTREPRENEURS Oneil and Gennette Clacken are currently on the lookout for venture capitalists who will help them to scale their business in a market which is worth billions of dollars and crosses ...
Former Georgia Insurance Commissioner Jim Beck will have to wait a little longer to learn his fate, after his sentencing date was postponed until Tuesday.
Jurors convict former Georgia insurance chief in $2M fraud Business Related Yes ATLANTA (AP) – It took less than two hours Thursday for jurors to decide that Georgia’s suspended insurance commissioner was indeed a “fraudster” and not an innovator, as they convicted Jim Beck on 37 criminal counts relating to more than $2 million he embezzled from his former employer. The verdict was a swift end after testimony that stretched over parts of eight days. Federal officials began investigating Beck as he was being elected statewide in 2018 as Georgia’s chief insurance regulator and ind...
Jury Convicts Suspended Georgia Insurance Commissioner Jim Beck on Fraud, Laundering Charges July 22, 2021 Jurors convicted suspended Georgia insurance commissioner Jim Beck on 37 counts of mail fraud, wire fraud and money laundering and tax fraud charges. The jury needed about an hour and 20 minutes to return the guilty verdict, putting an end to a two-week federal trial. Prosecutors alleged Beck embezzled more than $2 million from his previous employer, Georgia Underwriting Association, by funneling funds through a series of fraudulent companies. Suspende...