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International Business Times UK

World

Chelsie Napiza

Who is Greg Lindberg? Ex-Billionaire Who Sought to Have 50 Children With 'Aryan' Women Sentenced to 12 Years in Prison

Insurance Prison Wiley Nickel North Carolina Anya Donald Trump

Lindberg's activities rendered many policyholders without access to their funds for years. (Credit: Greg Lindberg/YouTube.com)

Greg Lindberg, the disgraced North Carolina insurance mogul who allegedly ran a secret 'baby project' to father dozens of children with women selected for their Aryan looks, has been sentenced to 12 years in federal prison for orchestrating one of the largest insurance frauds in American history.

Lindberg, 56, founder and chairman of Eli Global LLC and owner of Global Bankers Insurance Group (GBIG), was sentenced on 26 May 2026 by U.S. District Judge Max O. Cogburn Jr. in Charlotte, North Carolina. The sentence covers two separate federal cases: a guilty plea in a £1.58 billion ($2 billion) insurance fraud and money laundering scheme, and a conviction for bribing a state insurance commissioner.

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