Magnate Files Answer In $1B Insurance Fraud Case, Says No RICO Enterprise Found

( January 7, 2025, 3:45 PM EST) -- RALEIGH, N.C. — Insurance magnate Greg Lindberg and his co-defendant asset management companies filed their answer to an amended complaint in a North Carolina federal court in a suit accusing them and other parties of Racketeer Influenced and Corrupt Organizations Act (RICO) violations related to their purported participation in a $1 billion scheme to defraud now-insolvent insurers once owned by Lindberg....