Greg Lindberg Sentenced To 87 Months In Prison For Bribery

August 26, 2020 by Staff Reports

Insurance magnate and billionaire Greg Lindberg was sentenced to more than seven years in prison Wednesday for orchestrating a bribery scheme involving independent expenditure accounts and improper campaign contributions.

Lindberg, 50, of Durham, N.C., the founder and chairman of Eli Global and the owner of Global Bankers Insurance Group, was sentenced to 87 months in prison and three years of supervised release. Lindberg has told media outlets that he will appeal.

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Originally Posted at InsuranceNewsNet on August 20, 2020 by Staff Reports.