Greg Lindberg sentenced to 12 years over fraud, money laundering and bribery convictions
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The US Department of Justice said Greg Lindberg, founder of Eli Global and owner of Global Bankers Insurance Group, was sentenced to a combined 12 years in prison. According to court documents and trial evidence, companies he controlled invested more than $2 billion in affiliated entities, while regulators and policyholders were allegedly misled about the transactions and financial condition of the businesses.
