Fraud or innovation? Views clash in trial of Georgia’s Beck

Georgia News

ATLANTA (AP) — Prosecutors want jurors to conclude that suspended Georgia Insurance Commissioner Jim Beck was running a $2 million scam to bilk money from the property insurer he led before being elected.

Defense attorneys say Beck was actually an innovative executive who led the Georgia Underwriting Association to strong profits and that prosecutors don’t understand Beck’s innovations. That’s how lawyers on Tuesday kicked off a trial for Beck in federal court in Atlanta.

The Republican was elected insurance and safety fire commissioner in 2018 and then indicted in May 2019, months after taking office. Beck is charged with mail fraud, wire fraud and money laundering.

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