CHARLOTTE, N.C. (AP) — A North Carolina business magnate has been indicted again on federal criminal charges, this time on accusations that he conspired to…
A 13-count grand jury indictment in Charlotte was filed Thursday against Greg E. Lindberg of Durham, whom federal prosecutors allege has defrauded thousands of policyholders, news outlets reported.Sign up to receive daily headline news from Ottawa Citizen, a division of Postmedia Network Inc.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc.
An appeals court last June overturned those 2020 corruption-related convictions, and soon after he was released from an Alabama prison where he had been serving a seven-year sentence. With the latest indictment, an arrest warrant was issued Thursday for Lindberg. Lindberg deceived the state Insurance Department and other regulators and improperly used insurance company funds for his personal benefit, the government alleges. Lindberg allegedly personally benefited by using company funds to finance “his lavish lifestyle” through real estate purchases and forgiving over $125 million in loans from his affiliated companies to himself, according to a U.S. Justice Department release.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Under fire, Alex Murdaugh offers motive theory in South Carolina murder trialMurdaugh said he believed that someone upset over the death of 19\u002Dyear\u002Dold Mallory Beach in a 2019 boating accident sought revenge on his son.
Read more »
Raanta blanks Senators as Hurricanes win fifth straightAntti Raanta makes 32 saves as Carolina Hurricanes blank Ottawa Senators 4-0
Read more »
Greater Victoria gets light dusting as snow hits north of MalahatSnowfall amounts vary from 30 to 45 centimetres in Ladysmith to a dusting on roads in Greater Victoria.
Read more »
Disc golf divide: North Vancouver park-goers clash over soaring sportResidents say spike in number of disc golfers makes park unfriendly to other users and now city staff is investigating possible solutions
Read more »
Dominic Giroux leaving Health Sciences NorthHe's accepted a new role with Hôpital Montfort in Ottawa
Read more »