Age, Biography and Wiki

Doug Green was born on 1950, is an American politician and convicted felon. Discover Doug Green's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is he in this year and how he spends money? Also learn how he earned most of networth at the age of 74 years old?

Popular As N/A
Occupation Prior to 1987: employee of IBM
Age 74 years old
Zodiac Sign N/A
Born 1950
Birthday
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Nationality American

We recommend you to check the complete list of Famous People born on . He is a member of famous politician with the age 74 years old group.

Doug Green Height, Weight & Measurements

At 74 years old, Doug Green height not available right now. We will update Doug Green's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.

Physical Status
Height Not Available
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Who Is Doug Green's Wife?

His wife is Linn Green

Family
Parents Not Available
Wife Linn Green
Sibling Not Available
Children Not Available

Doug Green Net Worth

His net worth has been growing significantly in 2023-2024. So, how much is Doug Green worth at the age of 74 years old? Doug Green’s income source is mostly from being a successful politician. He is from American. We have estimated Doug Green's net worth, money, salary, income, and assets.

Net Worth in 2024 $1 Million - $5 Million
Salary in 2024 Under Review
Net Worth in 2023 Pending
Salary in 2023 Under Review
House Not Available
Cars Not Available
Source of Income politician

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Timeline

1950

Douglas D. Green, known as Doug Green (born c. 1950), is the former Louisiana insurance commissioner who held the office from 1988 to 1991, when he received a 25-year federal sentence for taking $2 million in illegal campaign contributions from owners of insurance companies doing business with the state.

1987

Green's predecessor and fellow Democrat Sherman A. Bernard, whom he unseated in the 1987 nonpartisan blanket primary, pleaded guilty to extorting bribes disguised as campaign contributions and served forty-one months during the middle 1990s in a federal prison in Alabama.

The 37-year-old Green, a candidate previously unknown, was described by one publication as having "looked like the boy next door".

Green nevertheless upset Bernard in the 1987 primary, 773,026 votes (55.3 percent) to 456,539 (32.6 percent).

Green had run on a platform calling for reform in the department - he even called himself "Mr. Clean".

However, Green was subsequently heavily implicated in the Champion insurance scandal and received a far greater sentence than had Bernard for similar offenses but involving much less money.

Champion wrote high-risk automobile policies for premium coverage at a lower price than was offered by its competition.

In exchange for regulatory favors, Champion made more than $2 million in campaign contributions to Green.

The failed Champion company left $150 million in unpaid claims covered by taxpayers.

Unwilling to admit wrongdoing and to accept a plea bargain, Green was convicted of the charges against him and had to resign his office before the end of his term.

1991

Specifically, Green was found guilty on March 13, 1991, of twenty-eight counts of conspiracy and mail fraud and two counts of laundering campaign loans.

He was first suspended without pay, and Governor Buddy Roemer appointed an acting commissioner pending the regular November election.

United States District Judge for the Eastern District of Louisiana George Arceneaux, of Houma ordered Green to serve the maximum under federal guidelines: twenty-eight concurrent five-year terms on the conspiracy/mail fraud and two concurrent 20-year terms for money laundering.

A jury determined that Green conspired with John and Naaman Eicher of the Champion Insurance Company, his largest campaign donors, to keep the failing company intact.

According to prosecution evidence, Green received $2.7 million in bribes.

Green reported to prison on August 1, 1991.

Sherman Bernard attempted a comeback in October 1991 but was defeated in the primary.

Victory ultimately went to James H. "Jim" Brown, the former Louisiana Secretary of State and state senator from Concordia Parish, who won the general election over the Republican Peggy Wilson, a member of the New Orleans City Council.

1992

In June 1992, he lost his appeal to the United States Court of Appeals for the Fifth Circuit in New Orleans.

The appellate judges noted that Green had been paid $2,000 per month to "run for office" and was provided with a fashion consultant.

The Eichers also gave funds to hire Green's brother as his driver and pay for an apartment.

Green's attorney was the court-appointed counsel, former State Representative Risley C. Triche of Napoleonville.

2000

Brown later had his own legal troubles and was forced to vacate the office in 2000.

2003

After serving almost half of the 25-year sentence at the U.S. prison in Pensacola, Florida, Green was released on September 17, 2003.