Global Bankers Insurance Group News

Investment Firm Executive Lindberg Admits $2 Billion Fraud

North Carolina investment firm founder Greg Lindberg, already convicted this year on bribery charges, pleaded guilty to a separate $2 billion fraud. Lindberg, who founded Eli Global LLC, admitted in federal court in Charlotte on Tuesday that he bought a …

North Carolina Insurance Donor Wants Political Bribery Case Dropped

Lawyers for the North Carolina insurance magnate charged with trying to bribe the state’s top insurance regulator say the case should be dismissed because he claims he was exercising his right to support elected officials who were responsive to constituents. …

North Carolina Regulator to Take Over Firms Owned by Embattled Insurance Investor

North Carolina’s insurance commissioner is taking over four insurance companies controlled by a businessman charged with trying to make political bribes. A Raleigh-based state judge issued an order on June 27 allowing Insurance Commissioner Mike Causey to take over the …

Future of Insurance Firms Owned by Indicted N.C. Campaign Donor Uncertain

Insurance companies owned by a big-money donor accused of trying to bribe North Carolina’s top insurance regulator for easy treatment are on the sales block and under review by at least one rating agency. Entrepreneur Greg Lindberg was indicted earlier …