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Home More Politics

Judge to Sentence Georgia Ex-Insurance Commissioner Jim Beck | Political News

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October 12, 2021
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Judge to Sentence Georgia Ex-Insurance Commissioner Jim Beck | Political News
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By JEFF AMY, Related Press

ATLANTA (AP) — Former Georgia Insurance coverage Commissioner Jim Beck will be taught on Tuesday how lengthy he will likely be imprisoned after jurors convicted him in July on 37 counts of wire fraud, mail fraud, cash laundering and tax fraud.

U.S. District Decide Mark Cohen is scheduled to impose Beck’s sentence in a listening to in federal court docket in Atlanta.

Prosecutors final week requested Cohen to ship Beck, 60, to jail for 10 years, citing federal sentencing tips. Beck’s attorneys argue that the presentencing report ready by a federal probation officer seeks so as to add an excessive amount of time to Beck’s sentence, saying the right advice must be between 5 years, 10 months and seven years, 3 months. Past that, they argue that Beck’s abusive childhood and lifelong of fine works argue for a sentence even shorter, citing 85 letters testifying to Beck’s character that had been submitted to Cohen.

“Till his current conviction, Mr. Beck has led an unblemished lifetime of private and non-private service,” protection lawyer Randy Chartash wrote to Cohen, arguing the decide ought to give a sentence beneath federal tips. These tips do not bind judges however are influential.

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Cohen on Friday argued Beck to forfeit greater than $2 million, together with $426,000 held in varied accounts and two items of property price virtually $200,000.

Beck’s trial detailed a scheme that channeled greater than $2.5 million from the Georgia Underwriting Affiliation by means of a collection of firms to his personal financial institution accounts. Beck managed the state-chartered non-public insurer of final resort for years earlier than he took workplace.

Federal officers started investigating Beck as he was elected statewide in 2018 as Georgia’s chief insurance coverage regulator, indicting him weeks after the Republican took workplace in 2019. The investigation was capped by an eight-day trial that ended with jurors convicting Beck on 37 counts after lower than two hours of deliberation.

Beck has remained free on bail after his conviction, though largely confined to his residence in Carrollton, west of Atlanta. Beck was mechanically faraway from workplace on conviction. He had been suspended after his indictment, however saved drawing a $195,000 yearly wage.

Gov. Brian Kemp has appointed John King to run the workplace and the Republican is in search of a full time period in 2022.

Beck claimed throughout trial that the cash went to pay for necessary knowledge that allowed GUA to cost larger premiums and pay much less to reinsurers to share its dangers. He claimed a person named Jerry Jordan wrote pc applications that collected the info. Prosecutors dismissed these claims as fictions, although, saying that whereas a fraction of the cash went to contractors who offered precise companies, a lot of the cash went straight to Beck.

“Beck didn’t merely advance a distinct interpretation of the details,” Assistant U.S. Lawyer Sekret Sneed wrote in a movement arguing for a 10-year sentence. “He invented a sophisticated collection of lies in his determined effort to flee legal responsibility. And, in doing so, he invented Jerry Jordan.

Comply with Jeff Amy on Twitter at http://twitter.com/jeffamy.

Copyright 2021 The Associated Press. All rights reserved. This materials will not be printed, broadcast, rewritten or redistributed.





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