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.
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.
Where does Greg Lindberg rank among all-time life insurance fraudsters?
Now that cases against Greg Lindberg are nearing a close and prison awaits, where does his rank among the all-time life insurance scandals?
Former top NC political donor Lindberg pleads guilty in $2 billion fraud
Greg Lindberg, once North Carolina’s top election campaign donor, pleaded guilty Tuesday to federal charges connected to a scheme government officials described as a $2 billion fraud.
Florida Tycoon Greg Lindberg Pleads Guilty to Monumental $2 Billion Fraud and Money Laundering Plot
Greg Lindberg pled guilty to a $2 billion fraud and money laundering operation involving deceptive insurance transactions.
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.
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 Magnate Pleads Guilty to $2 Billion Fraud and Money Laundering Scheme
Lindberg, 54, pleaded guilty to one count of conspiracy to commit offenses against the U.S. and one count of money laundering in connection with a scheme to defraud insurance regulators and policyholders lasting from 2016 through 2019, the Justice Department said in a statement.
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.
Greg Lindberg changes course, pleads guilty to $2 billion fraud
Troubled financier and onetime Bankers Life Insurance Co. owner Greg Lindberg pleaded guilty Tuesday to engineering a $2 billion fraud.
Regtechtimes on MSN21h
Shocking Deception: Florida Mogul Lindberg's Devastating Insurance Fraud Unveiled
A Florida insurance mogul, Greg Lindberg, has pleaded guilty to being involved in one of the largest fraud and money ...
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.