Once again Greg Lindberg is in hot water:
The regulator alleged that Lindberg, once North Carolina’s largest political donor, and an associate looted more than $75 million from Lindberg’s insurance companies, compromising the companies’ liquidity and leading to a state takeover of the insurers that has kept policy holders from receiving payments.
The money flowed through a Malta-based advisory firm through complicated schemes designed to mask the fact that Lindberg treated insurance company money as his own, SEC investigators said in their complaint, which was filed in the U.S. District Court for the Middle District of North Carolina.
I'm sorely tempted to label him the "Maltese Vulture," but those carrion fowl actually serve a purpose. Speaking of disgusting and contemptible people, the South Carolina House just passed a near-total abortion ban yesterday: