Event Brief
Tampa insurance mogul sentenced to 12 years
Filed: May 28, 2026 at 12:00 AM ET
Summary: Greg Lindberg, Tampa-based insurer founder, gets 12 years for bribery and multibillion-dollar fraud tied to unpaid policyholders.
WHO: Greg Lindberg, 56, founder/chairman of Eli Global LLC and owner of Global Bankers Insurance Group (GBIG)
WHAT: Sentenced to 12 years in prison for bribery conspiracy and multibillion-dollar insurance fraud
WHEN: May 27, 2026 at 11:23 PM ET
WHERE: North Carolina
WHY: DOJ says Lindberg conspired to defraud insurers and regulators, evaded requirements, concealed finances, and misused company funds for personal benefit.
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