Billionaire Greg Lindberg pleads guilty to a $2 billion insurance fraud scheme
Lindberg pleaded to one count of conspiracy to commit offenses against the U.S., including wire fraud, investment adviser fraud, and crimes in connection with insurance business, and one count of money laundering conspiracy. He faces a maximum penalty of 15 years on the charges.
Lindberg pleads guilty to to role in $2B money laundering scheme
Federal prosecutors said Lindberg conspired to defraud insurance regulators, policyholders and other insurance companies by laundering money through a web of companies based in North Carolina, Bermuda,
Insurance Mogul Greg Lindberg Pleads Guilty to Conspiracy Charges
The entrepreneur has agreed to help the government recover what is said to be billions in assets to repay insurance policyholders and others.
Insurance Magnate Pleads Guilty as Government Describes $2B Scheme
An insurance magnate who was once a big political donor in North Carolina has pleaded guilty related to what prosecutors call a $2 billion scheme to defraud insurance regulators, policyholders and oth
Insurance Tycoon Pleads Guilty in $2B Fraud Scheme
Greg E. Lindberg, 54, of Tampa, Florida, entered the plea on Tuesday in Charlotte before U.S. Magistrate Judge David Keesler.
US Insurance Mogul Pleads Guilty To $2B Fraud & Money Laundering Scheme
An American insurance mogul pleaded guilty to running a $2 billion insurance fraud scheme, once which saw him forgive $125 million in fraudulent loans made to himself.
Durham insurance mogul Greg Lindberg pleads guilty to $2 billion fraud. Here's what happens next
Durham insurance mogul Greg Lindberg has battled criminal charges for years. Insurance mogul Greg Lindberg on Tuesday pleaded guilty to federal money laundering and fraud charges. Lindberg, the entrepreneur behind Eli Global in Durham,
Insurance Mogul Pleads Guilty to Fraud in a Charlotte Federal Court
Federal prosecutors say 54-year old Greg Lindberg pleaded guilty to a two billion dollar fraud and money laundering scheme. Court documents said between 2016 through 2019, Lindberg worked with others to defraud multiple insurance companies and thousands of policyholders.
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Greg Lindberg plea deal reached on federal fraud charges
Greg Lindberg is scheduled to accept a plea deal to satisfy fraud charges Tuesday in a North Carolina courtroom, according to court documents. The deal would terminate one of the many civil and ...
Investment Firm Executive Lindberg Admits $2 Billion Fraud (2)
North Carolina investment firm founder Greg Lindberg, already convicted this year of bribery charges, pleaded guilty to a separate $2 billion fraud.