Christopher Herwig, a former executive for financier Greg Lindberg, pleads guilty to federal charges as prosecutors say he helped to illegally extract hundreds of millions of dollars from insurers
A former top lieutenant of North Carolina insurance mogul Greg Lindberg agreed to plead guilty to a federal criminal conspiracy charge.
The plea is the latest episode in prosecutors’ pursuit of Mr. Lindberg and his associates, a saga that has had many twists. The guilty plea indicates that prosecutors are continuing with their investigation and could be seeking a second indictment of Mr. Lindberg.
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