Insurance Mogul Lindberg Gets 12-Year Prison Sentence For Money Laundering, Fraud

( May 27, 2026, 1:37 PM EDT) -- CHARLOTTE, N.C. — The U.S. Department of Justice (DOJ) on May 26 issued a press release announcing that a North Carolina federal judge sentenced insurance magnate Greg Lindberg to a 12-year prison term for a money laundering conspiracy case related to his $2 billion scheme to defraud insurers and policyholders and for his conviction on retrial in a separate case for bribing the North Carolina insurance commissioner....