An insurance magnate, formerly a prominent political donor in North Carolina, has pleaded guilty to charges related to a $2 billion scheme to defraud insurance regulators, policyholders, and others. Greg E. Lindberg, 54, of Tampa, Florida, entered the plea in Charlotte before U.S. Magistrate Judge David Keesler. The plea includes one count of conspiracy to commit offenses against the United States and one count of conspiracy to commit money laundering.
Lindberg, indicted on 13 counts in February 2023, faces a maximum of 10 years in prison for money laundering conspiracy and five years for the other conspiracy count. This comes after Lindberg and an associate were convicted in May of attempting to bribe North Carolina's elected insurance commissioner for favorable regulatory treatment.
