Greg Lindberg ordered to pay $1.6 billion to insurers he defrauded
April 7, 2026 by John Hilton
A court-appointed special master is recommending that victims of a massive insurance fraud scheme tied to Greg Lindberg receive about $1.6 billion in restitution, according to a detailed memorandum filed Friday.
The memo describes a years-long conspiracy in which Lindberg and affiliated entities allegedly diverted policyholder funds, misrepresented financial conditions to regulators, and used insurance company assets for personal gain.
Originally Posted at InsuranceNewsNet on Apr 7, 2026 by John Hilton.
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