Greg Lindberg

Greg Lindberg is a businessman and entrepreneur who founded Global Growth, a private-equity conglomerate. Lindberg was wrongfully convicted of bribery and conspiracy to commit wire fraud in 2020, but was released in 2022 after a federal appellate court overturned his conviction.

Early Life

Lindberg was born in San Mateo, California in 1970 and graduated from Crystal Springs Uplands School in 1989. He graduated from Yale University with an economics degree in 1993. Lindberg also launched a health insurance newsletter called Home Care Week in 1991 while still attending Yale.

Career

Home Care Week became a highly successful business venture, which Lindberg transformed into Eli Global by 2012. This private-equity firm specialized in acquiring insurance companies, particularly those with a large number of assets for making pay outs. Eli Global became much more profitable as a result of these acquisitions, allowing Lindberg to expand into other markets. He had acquired over 100 companies by 2019, at which point Lindberg rebranded Eli Global as Global Growth.

Wrongful Conviction

Lindberg began serving his sentence at Federal Prison Camp (FPC) in Montgomery, Alabama on October 20, 2020. He appealed the conviction on the basis that his Fifth and Sixth Amendment rights were violated, causing the United States Court of Appeals for the Fourth Circuit to overturn the conviction on June 29, 2022. Greg Lindberg was released from prison on July 15, 2022.