Suspended Georgia GOP official accused of funneling embezzled money into election campaign

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TrueTexan
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Suspended Georgia GOP official accused of funneling embezzled money into election campaign

#1 Post by TrueTexan » Sat May 18, 2019 11:24 am

More GOP business as usual.
On Saturday, the Atlanta Journal-Constitution reported that Georgia Insurance Commissioner Jim Beck raised most of his $1 million initial campaign fundraising haul from loans and self-funding — and that some of the self-funded portion came from what federal prosecutors describe as a $2 million scheme to embezzle money from his former employer.

According to the 38-count indictment released last week, Beck funneled money from the Georgia Underwriting Association, an entity that provides high-risk property insurance, through a separate company to the Georgia Christian Coalition, in order to steal it. Federal prosecutors at the time said that some of the money went into his campaign.

But the new report details exactly how critical this self-dealing and borrowed money was to Beck’s campaign — indeed, he raised “almost all” of the money on his first financial report in this way, and “relatively little” of the money came from donor contributions at any point.

Beck, a Republican, spent 27 times as much as his Democratic opponent, Janice Laws, and went on to win the race by just 3 points.

As the prosecution proceeds, bipartisan calls are mounting for Beck to resign, and Gov. Brian Kemp has suspended Beck from office with pay.
https://www.rawstory.com/2019/05/suspen ... gn-report/

He should have asked the Russians to fund his campaign.
Facts do not cease to exist because they are ignored.-Huxley
The illegal we do immediately; the unconstitutional takes a little longer-Kissinger
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Re: Suspended Georgia GOP official accused of funneling embezzled money into election campaign

#2 Post by K9s » Sat May 18, 2019 10:58 pm

Yes, it bears repeating that he "funneled money from the Georgia Underwriting Association, an entity that provides high-risk property insurance, through a separate company to the Georgia Christian Coalition, in order to steal it."
The border between civilization and savagery is porous and patrolled by opportunists. Resist fascism. Vote like your democracy depends on it.

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