Feds Seek $1.5M In Forfeiture From Fallen Insurer Greg Lindberg

March 14, 2020 by John Hilton

The federal government filed a motion today in a North Carolina court for forfeiture of nearly $1.5 million seized from insurance magnate Greg Lindberg, who was convicted on bribery charges last week.

The money was seized by the FBI from two separate Wells Fargo bank accounts during the agency’s investigation.

Lindberg, a Durham, N.C. billionaire who in recent years became one of North Carolina’s largest political donors, was convicted March 5 of using the promise of millions in campaign money to bribe North Carolina’s insurance commissioner Mike Causey.

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Originally Posted at InsuranceNewsNet on March 13, 2020 by John Hilton.