A North Carolina business magnate remains free after he was indicted on charges he conspired to conduct a massive scheme to deceive insurance regulators and policyholders related to insurance companies that he controlled.
Greg E. Lindberg of Durham was ordered released on $100,000 unsecured bond following his initial appearance and arraignment last Thursday before U.S. Magistrate Judge David Keesler in Charlotte, court filings show.
A meeting between attorneys in the case is set for April 24 before U.S. District Judge Max Cogburn.
Lindberg, once a large political donor in the state, already awaits a retrial on separate charges he attempted to bribe North Carolina’s insurance commissioner to secure preferential regulatory treatment for his insurance business.
Kessler agreed with attorneys Thursday that Lindberg be released on conditions similar to those set in his corruption case.
Lindberg denies wrongdoing in both cases.
Topics Fraud
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