Eli Global News

Ex-Rep Hayes Pardoned by Trump for Role in North Carolina Insurance Bribery Scheme

A former North Carolina congressman and state Republican Party leader who lied to FBI agents about a bribery scandal received a pardon from outgoing President Donald Trump in his final hours in office. Federal authorities said ex-Rep. Robin Hayes participated …

North Carolina Regulator to Modify Moratorium on Lindberg Firms

A North Carolina Superior Court gave approval to the state’s insurance regulator to modify the moratorium on insurance businessman Greg Lindberg’s financially impaired Colorado Bankers and Bankers Life Insurance Companies. The order allows annuity contract owners to withdraw limited funds …

Causey Re-Elected as North Carolina Insurance Commissioner

Incumbent Mike Causey, a Republican, has defeated Democrat Wayne Goodwin in the third rematch between the two candidates for the position of North Carolina Insurance Commissioner. The Associated Press reported Wednesday night that Causey beat Goodwin with 52% of the …

Candidates in Hotly Contested North Carolina Insurance Race Talk Scandal, Priorities

The race for the next North Carolina Insurance Commissioner features two familiar faces to state voters in what is a three-peat showdown featuring Republican Mike Causey and Democrat Wayne Goodwin. Causey, the incumbent, bested the two-term former commissioner Goodwin in …

North Carolina Insurance Magnate Begins Prison Term

A North Carolina insurance magnate and prolific political donor has started serving a federal prison sentence for corruption-related convictions. Greg E. Lindberg was in custody on Tuesday at a minimum-security prison in Montgomery, Alabama, according to Scott Taylor, a spokesman …

North Carolina Insurance Donor to Appeal Conviction, Accuses Commissioner of Perjury

An insurance company founder and big political donor heading to prison after being convicted of attempting to bribe North Carolina’s top elected regulator of the industry remains confident he’ll get a new trial or overturned conviction. In a letter sent …

Convicted North Carolina Insurance Donor Gets 7 Years in Bribery Case

A major political donor convicted of attempting to bribe a North Carolina elected official to secure preferential regulatory treatment for his insurance business was sentenced Wednesday to more than seven years in prison. Billionaire businessman Greg E. Lindberg was handed …

Prosecutors: Convicted N.C. Insurance CEO Has No Remorse, Should Serve 14 Years

A federal prosecutor said Wednesday that a billionaire Durham businessman should spend 14 years in prison for trying to bribe North Carolina’s top insurance regulator with large political contributions. U.S. Attorney Andrew Murray laid out the prosecution’s sentencing recommendation against …

Judge Upholds Conviction of North Carolina Insurance Magnate in Bribery Case

A federal judge has upheld the convictions of two men found to be trying to bribe North Carolina’s top insurance regulator with large political contributions so that scrutiny of a defendant’s businesses would be eased. A jury in March found …

Judge Warns of Jury Harassment, Intimidation in N.C. Insurance Bribery Case

A federal judge on Wednesday ordered two men convicted of trying to bribe a North Carolina insurance regulator not to contact jurors from their recently completed trial after learning a consultant attempted to do so on their behalf. U.S. District …