Convicted insurance magnate in Tampa pleads guilty to $2B fraud scheme
A disgraced insurance mogul who relocated to Tampa after a stint in prison has pleaded guilty to federal charges for an elaborate money laundering conspiracy that left victim companies on the brink of financial collapse.
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?
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 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.
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.
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.
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.
Greg Lindberg pleads guilty to $2 billion fraud. Here's what happens next
Durham billionaire Greg Lindberg has battled criminal charges for years. STORY HIGHLIGHTS Greg Lindberg pleaded guilty to federal money laundering and fraud charges. The fraud cost victims over $2 billion,
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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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 ...
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US Insurance Mogul Pleads Guilty To $2B Fraud & Money Laundering Scheme
Greg Lindberg, 54, of Florida, defrauded multiple insurance companies and thousands of policy holders by misusing ...
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.