N.C. Insurance Magnate Greg Lindberg Begins Jail Term
RALEIGH, N.C. (AP) — A North Carolina insurance magnate and prolific political donor has started serving a federal prison sentence for corruption-related convictions.
Greg E. Lindberg was in custody on Tuesday at a minimum-security prison in Montgomery, Alabama, according to Scott Taylor, a spokesman for the Federal Bureau of Prisons. A judge on Monday denied a second request by Lindberg’s lawyers to delay his Tuesday reporting date.
Lindberg, 50, was sentenced in August to more than seven years in prison after being convicted of attempting to bribe North Carolina’s insurance commissioner to secure preferential regulatory treatment for his insurance business. Lindberg is appealing his convictions.
Lindberg had given more than $5 million to state and federal candidates and committees since 2016, favoring Republicans but also giving to Democrats.
John D. Gray, a consultant for Lindberg’s company, was convicted of charges similar to Lindberg’s. But Gray, 70, didn’t have to report to a West Virginia federal prison on Tuesday as initially required to begin his 2 1/2-year sentence. U.S. District Judge Max Cogburn on Monday granted Gray’s request to delay his starting date until Jan. 1, citing the defendant’s age and history of heart-related issues as elevating his risk for health complications should he contract COVID-19 in prison.
Cogburn rejected Lindberg’s contention that he was also at an increased risk for virus-related complications. Lindberg later asked to remain at home until just after the birth of his child in early December, but the judge denied that request, too.
Lindberg, the sole owner of the company now known as Global Growth, entered prison the day after he unveiled a biographical self-help book describing what a news release called “the lessons he learned” from encountering adversity.



FOX-TV Financial Quarterback Tells Ohio Public Employees How to Win the Game of Retirement in New Book
See it: Sen. Lindsey Graham, confronted by protesters, plays the victim
Advisor News
- Younger investors turn to ‘finfluencers’
- Using digital retirement modeling to strengthen client understanding
- Fear of outliving money at a record high
- Cognitive decline is a growing threat to financial security
- Two lessons career changers wish they knew before starting the CFP journey
More Advisor NewsAnnuity News
- Zinnia’s Zahara policy admin system adds FIA chassis to product library
- The Standard and Ignite Partners Announce Launch of Thrive Plus Fixed Indexed Annuity
- CareScout Joins Ensight™ Intelligent Quote LTC & Life Marketplace
- Axonic Insurance Annuities, Built for Banks, Broker-Dealers and RIAs, Now Available through WealthVest.
- Allianz Life Adds New Accumulation-Focused Fixed Index Annuities
More Annuity NewsHealth/Employee Benefits News
- NC State Health Plan expects to spend $1 billion more than planned. Here’s why
- FINEOS and Opifiny Partner to Modernize Medical Information Workflows for Claims and Absence Management Across North America
- ‘An outrage:’ CT insurers still flouting mental health parity law
- After health insurance subsidies end, 30,000 Idahoans will be uninsured, government report says
- Georgia’s ACA enrollment plunges, raising concerns for rural hospitals
More Health/Employee Benefits NewsLife Insurance News
- Redefining life insurance for a new era of trust and protection
- Agam Capital and 1823 Partners Announce Strategic Partnership to Provide Life Insurers with an End-to-End Value Chain Solution
- AM Best Revises Outlooks to Positive for Western & Southern Financial Group, Inc. and Its Subsidiaries
- Principal Financial Group Announces First Quarter 2026 Results
- SBLI Enhances its OmniTrak Term to Deliver Faster Decisions, More Client Coverage, and Improved Pricing
More Life Insurance News