On July 19, 2013, Beck was indicted on 16 counts of securities fraud and theft for his alleged role in the now-defunct company Christopher Technologies, a company that sold early warning software. He was allegedly the chief financial officer.[3]
The charges claimed Beck cheated investors out of about $200,000 related to his role in the former tech company. His former business partner, John W. Fussner, faced seven securities fraud and theft charges. Fussner was president of the former company. Beck's attorney had requested an extension after the Ohio Attorney General and the Hamilton County Prosecutor's Office, who jointly prosecuted the case, entered 60,000 pages worth of discovery documents into the record.
Ohio Speaker of the House William Batchelder and the Ohio Republican Party Chair Matt Borges asked Beck to resign his seat in the Statehouse. He refused.[4] His seat was won in the November 2014 general election by Republican Paul Zeltwanger, who received 72% of the vote.[5] Beck resigned on November 30, 2014, one month prior to the expiration of his term.
Beck was found guilty on June 2, 2015, on 13 criminal counts (three theft counts, three securities-related counts and seven perjury counts) by Hamilton County Common Pleas Court Judge John Andrew West.[6] He was sentenced on August 20, 2015, to four years in prison. An appeal is to be filed.[7][8]
A civil suit, filed in January 2013, was delayed until after the criminal trial. The civil suit, in which Beck is being defended by Warren County attorney Konrad Kircher, claims Beck and others bilked investors in Christopher Technologies out of $1.2 million. Fussner was not named in the civil case.[9]
In May 2014, Beck lost his reelection bid during the state primaries to local businessman Paul Zeltwanger. Beck only accumulated 9% of the votes cast while opponents Paul Zeltwanger and Mary Jo Kubicki acquired 51% and 40%, respectively.[10]