A Florida man with ties to the founder of Indianapolis-based Williams Realty Group
pleaded guilty Wednesday to running a multistate Ponzi scheme that prosecutors say left investors with up to $100 million in losses.
Former money manager admits to bilking friends, family members and other investors out of millions of dollars before trying to fake his own death. He’ll be sentenced Oct. 7.
A former Indianapolis developer accused of luring more than a dozen Hoosiers into a $900 million Ponzi scheme invoked the Fifth Amendment more than 850 times when questioned under oath in Florida.
I went back to ancient Greece and Rome and found long-running philosophical discussions about The Virtues.
The expiration of the Bush tax cuts this January will further slow the economy, perhaps deeply.
Sardar Biglari has a penchant for self-promotion. But he's also making a good case for his management skills.
Robert E. Tolle pleaded guilty Thursday in federal court of making fraudulent bank entries while serving as a loan officer at the Indianapolis office of Evansville-based Old National Bank.
The sentence was short of the 60-month maximum Laikin could have received under a plea agreement worked out with federal prosecutors last fall.
The three venture funds, which will focus on drug development, may be worth a total of $750 million, up to $250 million each, and Lilly will contribute as much as 20 percent of the money.
Indiana Business Bank’s restructuring of a real estate loan leads to loss of $484,678 in the second quarter.
The deal with financial backer Inland American Real Estate Trust would leave Lauth Group with fewer properties but a more manageable debt load.
For labor unions to survive, they must follow the path of their more successful brethren in trade unions.
Tim Durham's partner in a failed Akron, Ohio, company says a trustee has nothing to back up his allegations of fraud.
Former Ohio congressman Michael G. Oxley will join Gov. Mitch Daniels as a speaker at the event.
Heron Capital Equity Partners seeks to invest $1 million to $10 million in private companies headquartered within 250 miles of Indianapolis. HCEP is part of Heron Capital, one of the largest venture capital funds in the city.
Kelley School of Business Dean Dan Smith said a $100,000 donation from two IU alumni will provide a hands-on learning opportunity
for students.
I continue to believe the April 23 high was not the end of the bull market that began in March 2009.
There is clearly something important about the totality
of what is learned in college, but, if you want to apply all those upper-level classes in your major, you’d better study
hard or pick the right field.
Venture capitalists in Indiana and nationally have thrown money at the company with abandon. Local investors include CID Capital,
Clarian Health Ventures and the Indiana Future Fund.
Singed by the downturn, banks are winnowing real estate portfolios.
