Insurance Commissioner Mike Causey today issued the following statement on the 12-year sentence given Greg Lindberg in federal court:

“The 12-year prison sentence and $1.6 billion in restitution reflects the seriousness of Greg Lindberg’s crimes and the harm he caused to policyholders.  This sends a powerful message to anyone who would consider engaging in fraud involving insurance companies that crime doesn't pay.

“I appreciate all the hard work and effort that the U.S. Department of Justice has devoted to this investigation and prosecution.  We at the Department of Insurance remain committed to protecting policyholders and preserving the integrity of the insurance industry in North Carolina.”