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Georgia Gov. Brian Kemp has asked Georgia Insurance Commissioner Jim Beck to resign his position after Mr. Beck was indicted by a federal grand jury on charges of wire fraud, mail fraud and money laundering for allegedly stealing more than $2 million from his former employer, the Georgia Underwriting Association.
The 38-count indictment alleges that Mr. Beck stole the money during the five years just prior to his election to statewide office in November 2018, according to a statement issued Tuesday by U.S. Attorney Byung Pak for the Northern District of Georgia in Atlanta.
“Given the serious nature of your indictment, I respectfully request your resignation as Commissioner of the Georgia Department of Insurance,” the governor said in his letter to Mr. Beck on Wednesday. “Your indictment severely undermines your ability to fulfill your official obligations to the people of Georgia.”
In his position as insurance commissioner, Mr. Beck holds “significant legal authority,” including appointment powers, over the association and its governing board, Mr. Kemp said in his letter.
“In light of this connection and the possibility of new revelations, it would be highly inappropriate for you to continue to hold public office,” the governor said in the letter.
An attorney for Mr. Beck could not be immediately reached for comment.
Georgia Insurance Commissioner Jim Beck has been indicted by a federal grand jury on charges of wire fraud, mail fraud and money laundering for allegedly stealing more than $2 million from his former employer, the Georgia Underwriting Association.