N.C. insurance magnate begins serving federal prison term

RALEIGH, N.C. (AP) — A North Carolina insurance coverage magnate and prolific political donor has began serving a federal jail sentence for corruption-related convictions.

Greg E. Lindberg was in custody on Tuesday at a minimum-security jail in Montgomery, Alabama, in response to Scott Taylor, a spokesman for the Federal Bureau of Prisons. A decide on Monday denied a second request by Lindberg’s attorneys to delay his Tuesday reporting date.

Lindberg, 50, was sentenced in August to greater than seven years in jail after being convicted of trying to bribe North Carolina’s insurance coverage commissioner to safe preferential regulatory therapy for his insurance coverage enterprise. Lindberg is interesting his convictions.

Lindberg had given greater than $5 million to state and federal candidates and committees since 2016, favoring Republicans but in addition giving to Democrats.

John D. Grey, a marketing consultant for Lindberg’s firm, was convicted of fees just like Lindberg’s. However Grey, 70, didn’t must report back to a West Virginia federal jail on Tuesday as initially required to start his 2 1/2-year sentence. U.S. District Decide Max Cogburn on Monday granted Grey’s request to delay his beginning date till Jan. 1, citing the defendant’s age and historical past of heart-related points as elevating his threat for well being problems ought to he contract COVID-19 in jail.

Cogburn rejected Lindberg’s rivalry that he was additionally at an elevated threat for virus-related problems. Lindberg later requested to stay at house till simply after the delivery of his youngster in early December, however the decide denied that request, too.

Lindberg, the only proprietor of the corporate now generally known as International Progress, entered jail the day after he unveiled a biographical self-help guide describing what a information launch referred to as “the teachings he realized” from encountering adversity.

— to apnews.com

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