North Carolina businessman indicted on $2B scam charge

 

A North Carolina-based businessman has been indicted on charges of organizing a $2B cybercrime scheme.

 If found guilty on all charges, he could face multiple decades in prison.

  • Greg Lindberg, 53, of Durham allegedly planned to invest $2B in multiple insurance companies, most of which were in the liquidation process.
  • The scheme was planned during 2016- 2019.
  • Lindberg is charged with the following:
    • one count of conspiracy to commit crimes in connection with an insurance business,
    • wire fraud and investment advisor fraud,
    • one count of wire fraud,
    • four counts of false insurance business statements presented to regulators,
    • six counts of false entries about the financial condition or solvency of an insurance business,
    • one count of money laundering conspiracy,
    • and attempt to bribe an official.
  • The businessman was previously North Carolina's largest political donor.
  • These charges are based on proof that they gathered over five years of research, a process where during which it gathered 7 million documents.

Post a Comment

Previous Next

Contact Form