The SEC charged insurance magnate Greg Lindberg and a lieutenant with defrauding insurers out of more than $75 million through a series of undisclosed related-party transactions and advisory fees paid to a Malta entity. “We allege a massive fraudulent scheme involving unique financial structures and various complex investments,” said Osman Nawaz, chief of the Securities… Continue reading SEC Goes After Insurance Executive for Alleged Fraud
Looking For Market Distribution? Download the Media Kit
