The Indianapolis-based wireless distributor accuses Mitch Black, who left Brightpoint last year, of taking company trade secrets to a new job with a direct competitor. Brightstar Corp. also is named in the lawsuit.
The indictment charges the Democrat and associates used a charitable foundation to obtain money from a doctor that was to be used for investments, but instead went toward vehicles, entertainment and travel for themselves and others.
Prosecutors allege Fishers investment manager Keenan Hauke hid losses for seven years by shifting assets among accounts and using new investors’ money to fund withdrawals.
Prosecutors accused Hauke of losing millions on Michigan real estate investments, then hiding those losses from clients.
Zoeller said the money will go to fraud victims who help his office file legal actions against businesses accused of predatory practices.
A judge will consider Friday afternoon whether to dismiss criminal charges including theft and voter fraud against Indiana Secretary of State Charlie White that could lead to his removal from office.
The federal judge said class counsel achieved “fabulous results with incredible efficiency” and that he had never been more proud of his profession in his 36-year legal career.
The Fair Finance trustee alleged that, in addition to being huge campaign contributors to former Marion County Prosecutor Carl Brizzi, Tim Durham and his companies helped cover Brizzi’s personal expenses.
Even if everyone who owed Durham money paid him—which seems unlikely—his assets still would be a fraction of his debts.
The amount paid to lawyers so far nearly accounts for the entire $1.8 million that a Fair Finance trustee has recovered so far for investors of the Akron, Ohio-based company led by indicted financier Tim Durham.
The settlements involve donations made by Tim Durham totaling $60,000 to the Marion County Republican Central Committee, Greater Indianapolis Republican Finance Committee and the Committee to Elect Lawrence Mayor Paul Ricketts.
David Swanson, who is serving a 12-year sentence for wire fraud, money laundering and tax evasion, has succeeded in getting a federal appeals court to hear his case for early release.
Brian Eads faces a maximum of 30 years in prison by engaging in transactions of more than $10,000 with criminally derived proceeds from properties bought at sheriff’s sales.
A high-living Manhattan businesswoman accused of an audacious fraud that cost some of central Indiana’s marquee companies millions of dollars has cut a deal with prosecutors that would ensure she spends no more than 31 months in prison.
Magistrate Judge Kennard Foster said Durham should not continue living at his sister’s house or move back to his mansion because both are in foreclosure.
Fishers investment manager Keenan Hauke suffered massive losses in his hedge fund seven years ago. Then, rather than fess up, he generated fake account statements for clients that showed money they didn’t really have and returns they hadn’t earned, state investigators allege.
Most of the $1.8 million that Fair Finance trustee Brian Bash has recovered so far could go to attorneys and accountants working on the massive fraud case involving Indianapolis financier Tim Durham.
Indicted financier Tim Durham has asked a federal judge to allow him to move from his sister’s home in Geist back to his 20,000-square-foot mansion. Durham has been living with his sister on home detention since his April arrest.
David A. Chaisson is one of two men charged in separate schemes to defraud Ryan International Airlines. Prosecutors say the schemes involved kickback payments in exchange for business.
Terry Curry expects his creation of a task force will start paying off with new cases—ranging from employee theft and investment fraud to political corruption—in the next few months.
