Thousands of Retirees Can’t Withdraw Savings Invested in Firms Controlled by Indicted Financier Greg Lindberg

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Thousands of Retirees Can’t Withdraw Savings Invested in Firms Controlled by Indicted Financier Greg Lindberg
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Retirees and other holders of annuities totaling $2.2 billion can’t touch their savings as the legal battle over Greg Lindberg’s empire rages on

Accounts worth $2.2 billion are frozen while legal battles rage; the entrepreneur says he offered a solution that was rejected Susan and Stephen Round took out a mortgage and cut spending after their $100,000 annuity was frozen—’an unplanned-for catastrophe in retirement,’ Mr.

Round says.
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