A federal indictment unsealed Tuesday in Indianapolis charged 45-year-old Ke-xue "John" Huang
with theft and attempted
theft of trade secrets to benefit a foreign government.
A former money manager convicted of trying to fake his own death in a Florida plane crash last year has agreed to plead guilty
to securities fraud charges in Indiana. Marcus Schrenker would face 10 years in prison.
The U.S. Department of Justice has charged Ke-xue Huang, a native of China’s Hunan province, of stealing trade secrets of
a Dow AgroSciences insecticide and giving them to the People’s Republic of China. Federal agents arrested the former Dow Agro
scientist July 13 in Westboro, Mass.
Todd Leary of Carmel pleaded guilty in court Thursday to a felony charge of misappropriating title insurance escrow funds.
His agreement with prosecutors calls for him to face up to three years in prison, with that cut in half if he pays nearly
$295,000 in restitution.
Overseeing a portfolio filled with deteriorating loans is downright
excruciating, as lending officers who’ve lived through the carnage of the recession can attest. Rob Tolle apparently
cracked under the pressure.
Prosecutors say Robert Tolle falsified a construction progress inspection report while at Old National Bank. He faces a maximum
30-year prison sentence and $1 million fine.
John K. Branam was sentenced to 57 months in prison after pleading guilty to embezzling $1.6 million over four years from
King’s Title & Abstract Co.in Shelbyville.
A former Indianapolis funeral director is facing 14 felony charges for corrupt business influence, forgery and theft after
a grand jury investigation.
Robert Nelms will spend at least a month in jail until the sale of Memory Gardens Management Corp. is complete. He is awaiting
sentencing in Michigan and faces up to three years in prison.
The deal included a $296 million criminal fine, but no charges against executives who failed to properly report problems with the company's defibrillators.
Louis Simpson bilked investors of $948,500 by claiming to operate a program with the Department of Housing and Urban Development.
A Johnson County judge approved the reduced amount, which was agreed upon during mediation. The settlement brings funeral
home and
cemetery business a step closer to being sold.
Marion County Superior Court Judge Stanley Kroh sentenced Brandon Benker to three years in prison and two years in a Community
Corrections program, in which he may be assigned to work release or home detention. Benker stole more than $380,000 from the
group in 2008.
Pennsylvania company is one step closer to purchasing the Indianapolis-based Memory Gardens Management Corp., whose former
owner pleaded guilty to theft and securities fraud.
A former Fishers money manager facing fraud charges acknowledges in a newspaper interview that evidence indicates he was trying
to
fake his own death when he parachuted from his private plane that later crashed in a Florida swamp.
A judge has entered a preliminary not guilty plea for a former Indiana University basketball player charged in connection
with an ex-business partner’s multimillion-dollar fraud scheme.
A defense attorney and prosecutors have agreed to delay the trial on securities fraud charges of a former Indiana money manager
who tried to fake his death by jumping from a small plane before it crashed in Florida.
A former attorney who pleaded guilty to mail fraud has been sentenced to three years probation for submitting inflated bids
on foreclosed homes to the company for which he worked and pocketing the difference.
Kevin Stewart stole a computer server that contained the names and confidential information of 900,000 people.
Robert E. Nelms received an eight-year sentence that will be served through a community corrections program after pleading
guilty to theft and securities fraud.
