North Carolina investment firm founder Greg Lindberg, already convicted this year on bribery charges, pleaded guilty to a separate $2 billion fraud.
Lindberg, who founded Eli Global LLC, admitted in federal court in Charlotte on Tuesday that he bought a string of insurance companies in the past decade and then improperly invested nearly $2 billion. He defrauded thousands of policyholders to support a lavish lifestyle, prosecutors said. His plunder spurred one of the biggest individ