Zionsville real estate schemer sentenced to 30 months
A Zionsville man who pushed real-estate investing schemes has been sentenced to 30 months in prison after pleading guilty to wire fraud and money laundering.
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Attorney General sues 2 firms over Super Bowl rentals
The lawsuit charges that Super Week Lodging and Major Event Rentalz took money up front without providing services or refunds.
Fair bankruptcy trustee alleges complicity by silence
Lawyers overseeing Fair Finance's liquidation charge that, every step of the way, businesspeople who crossed Tim Durham’s path and witnessed questionable behavior looked the other way—because it was highly profitable for them to do so.
Fair Finance trustee sues former owner for $150M
The lawsuit charges Donald Fair knew Tim Durham was looting the business but kept quiet to collect millions of dollars in payments scheduled to be made from 2002 to 2007.
Charlie White faces sentencing after 6 felony convictions
Each of the charges White, Indiana's secretary of state, was convicted of is a class D felony carrying a penalty of six months to three years in prison.
Wiretaps suggest Durham tried to sugarcoat Fair’s woes
Transcripts of phone conversations capture Fair Finance CEO Tim Durham discussing ways to recast company financials to mitigate Ohio securities regulators’ concerns about massive insider loans.
More Fair suits target Durham family members
Those named in the latest lawsuits include Tim Durham’s ex-wife, Joan SerVaas; B.J. Durham, SerVaas’ biological son who was adopted by Durham; and the financier’s sister, Courtney Durham.
Trustee seeks $1B from Fair Finance’s lenders
Fair Finance Co.’s bankruptcy trustee finally has found some deep pockets to go after in his quest to recover money for the small-time Ohio investors who lost more than $200 million when the Tim Durham-led company failed two years ago.
Latest Fair suits target Kato Kaelin, playmate, many others
A former Playboy playmate, a well-known rapper and local businessmen are among the defendants in a barrage of lawsuits filed by a bankruptcy trustee trying to collect funds for investors of Fair Finance Co., the defunct Ohio firm led by Tim Durham.
Big-promising donor to area charities coming up empty
A Johnson County man whose home is listed for sheriff’s sale and who has filed for bankruptcy protection twice and been convicted of check fraud managed to convince several Indianapolis cultural institutions that he was good for multimillion-dollar gifts.
Mini Thin maker agrees to $1M bankruptcy settlement
Carmel resident Richard Deer, who built a business around Mini Thin dietary supplements, has agreed to pay $1 million in his company’s bankruptcy case.
Trial of Indiana secretary of state gets under way
Indiana's secretary of state began facing voter-fraud charges Tuesday in a case that could decide if he remains as the state's top election official.
Governor’s Fair Finance settlement yields just $3,000
Court papers show the Mitch for Governor Campaign Committee isn't paying more in a settlement with Fair Finance Co.’s bankruptcy trustee because it has just $3,500 left.
Court sets repayment schedule for United Financial Systems
The Indiana Supreme Court handed down an order that sets out a repayment schedule for the $2.4 million that United Financial Systems Corp. still owes its former customers.
Fair trustee sues Durham’s mother for $831,000
The lawsuit alleges Mitza Durham of Seymour received 58 checks or wire transfers from the indicted financier from February 2006 through November 2009.
State Republican committee agrees to Durham settlement
The Indiana Republican State Committee has agreed to pay back $87,875 in political contributions it received from indicted financier Tim Durham. In addition, a political group supporting Gov. Mitch Daniels agreed to a $10,000 settlement.
Two women charged with faking state fair claims
Two Indianapolis women were charged Tuesday with making false claims to try to collect money from funds intended for victims of the Indiana State Fair stage collapse.
Latest Fair Finance suits target Durham associates
Defendants include companies affiliated with Indianapolis restaurateur Henri Najem, the rapper Ludracis and former Indianapolis Colts quarterback Blair Kiel.
Durham’s attorney alleges feds abused wiretaps
Indicted financier Tim Durham's attorney alleges "the government has engaged in a course of conduct that … constitutes gross misconduct so severe that dismissal is warranted."
City-County councilor, two others indicted in scheme to defraud
A City-County Council member and two associates persuaded an Indiana physician to invest $1.7 million in their foundation and an ethanol-production business they said would fund it, but instead spent the money on personal luxuries, according to a federal indictment filed late Tuesday.