Former insurance executive Greg Lindberg is seeking a presidential pardon from Donald Trump and has engaged a lobbying firm with ties to the former administration, according to recent government disclosure filings.
Javelin Advisors LLC, a firm established in 2024 by former Trump Organization executives George A. Sorial and Keith W. Schiller, filed documents earlier this year stating it would advocate for an executive pardon on Lindberg’s behalf. Schiller previously served as a White House deputy assistant and director of operations to the Oval Office during Trump’s first term.
Lindberg pleaded guilty in 2024 to a $2 billion fraud and money laundering scheme. Prosecutors allege that Lindberg misled regulators, including the North Carolina Department of Insurance, to conceal the scope of his activities.
His interactions with state officials led to the exposure of the scheme in 2018, when North Carolina Insurance Commissioner Mike Causey reported to federal authorities that Lindberg and an associate had attempted to bribe him in exchange for favorable regulatory decisions. The bribery attempt was documented through secretly recorded conversations, and Lindberg was later found guilty.
Although Lindberg’s guilty plea was entered last year, his sentencing has been delayed. The court is working to resolve the complexities of his business interests and to identify sources for restitution.
The scale and complexity of Lindberg’s scheme have added significant challenges to the legal proceedings. In January, a U.S. district court appointed Joseph Grier as special master to oversee the restitution process, citing the burden that unwinding Lindberg’s financial activities would place on court resources.
Grier’s role includes verifying and quantifying losses for thousands of policyholders and several insurance companies, as well as identifying assets that can be liquidated and distributed to victims.
Earlier this month, a court order permitted a special master to access information about policyholders with uncovered claims linked to Lindberg’s companies. These policyholders, who are not protected by guaranty associations, will receive payment first from proceeds of a $318 million sale of an Irish software firm.
What are your thoughts on this story? Please feel free to share your comments below.