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Insurance exec Greg Lindberg found guilty, again, of trying to bribe state official

Greg Lindberg
Greg Lindberg
Greg Lindberg

Greg Lindberg, the former owner of Colorado Bankers Life Insurance Co., was found guilty by a federal jury on Thursday for a second time of bribing North Carolina’s insurance commissioner.

Lindberg was first found guilty back in 2020 on bribery and fraud charges, along with consultant John Gray. They were caught on a recording offering state Insurance Commissioner Mike Causey up to $2 million to replace the deputy in charge of monitoring Lindberg’s companies.

A sentencing date has not been set. The defendants face a maximum penalty of 30 years in prison.

A June 2022 ruling by the Fourth Circuit Court of Appeals vacated the conviction. The appeals court said the trial judge improperly lowered the prosecution’s burden of proof by telling the jury that the staffing change was an official act, one of the elements of the fraud conspiracy charge.

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Woody is a Charlotte native who came to WFAE from the world of NASCAR where he was host of NASCAR Today for MRN Radio as well as a pit reporter, turn announcer and host of the NASCAR Live pre race show for Cup Series races. Before that, he was a news anchor at WBT radio in Charlotte, a traffic reporter, editor of The Charlotte Observer’s University City Magazine, News/Sports Director at WEGO-AM in Concord and a Swiss Army knife in local cable television. His first job after graduating from Appalachian State University was news reporter at The Daily Independent in Kannapolis. Along the way he’s covered everything from murder trials and a national political convention to high school sports and minor league baseball.