A North Carolina billionaire treated thousands of retirees' annuities like one big personal checking account. On May 26, 2026, a federal judge handed him 12 years and a $1.6 billion bill. About 30,000 of the people he owed were already dead.
By Mark Tell · May 27
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Financial crime intelligence. The patterns, the tells, the playbook. Daily at 6AM before anyone asks you for money.
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