HomeinsuranceInsurance mogul and Bay Area native Greg Lindberg gets 12 years for...

Insurance mogul and Bay Area native Greg Lindberg gets 12 years for $2 billion fraud

By David Voreacos, Bloomberg
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 a… [5501 chars]

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