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Fraud

Insurance magnate pleads guilty to fraud scheme - Spectrum News

Posted August 8, 2026

Insurance magnate pleads guilty to fraud scheme - Spectrum News

Insurance magnate Greg E. Lindberg pleaded guilty in Charlotte to conspiracy to commit offenses against the United States and conspiracy to commit money laundering. Prosecutors said he helped run a roughly $2 billion scheme that defrauded insurance regulators, policyholders, and others through companies he controlled. The case stemmed from conduct between 2016 and 2019, and Lindberg was already awaiting sentencing in a separate bribery case.

This is an AI-written summary of reporting published elsewhere. Read the original: spectrumlocalnews.com

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