Insurance Mogul Lindberg Gets 12 Years for $2 Billion Fraud

Insurance Mogul Lindberg Gets 12 Years for $2 Billion Fraud

North Carolina investment firm founder Greg Lindberg was sentenced Tuesday to 12 years in prison for siphoning more than $2 billion in reserves backing insurance policies and using the proceeds to pay for jets, mansions and a 214-foot yacht. Lindberg, …

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