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.