James Burkhart’s hopes for a light sentence were dashed Friday afternoon when a federal judge handed down a lengthy sentence for his role in leading a massive kickback scheme as CEO of Indiana’s largest chain of nursing homes.
James Burkhart, who pleaded guilty to fraud, will be sentenced June 27 in federal court. His lawyers are asking for a four-year sentence.
Kenneth Ray Cleveland, 64, received the punishment from U.S. District Court Judge Tanya Walton Pratt after pleading guilty to federal fraud and money laundering charges.
In the scheme, a husband and wife would assume false identities and scam consumer electronics from Amazon, prosecutors said. They would sell the goods to an associate, often in parking lots in Indianapolis.
Investigators from the U.S. Department of Justice say the 47-year-old owner laundered proceeds from the scheme through his dealership.
A review by the Indiana State Board of Accounts released Friday morning found that a former township fire department treasurer used the department’s money to pay for personal expenses related to youth hockey, phone and satellite TV services, and funeral expenses.
The U.S. attorney’s office says five central Indiana residents and one man from Detroit took more than $8 million from a bank and an insurance company, in part to pay for a home, a wedding, cars and more.
A man hired to open a Beech Grove office for an Indiana-based engineering firm has been charged with stealing almost $1 million in company funds, Marion County Prosecutor Terry Curry announced Thursday.
As part of a plea agreement, 26-year-old Carmel resident Cavya Chandra admitted to forging documents from 2008 to 2014 in order to gain admittance to three universities—Carnegie Mellon University in Pittsburgh, Cornell University in Ithaca, New York, and IUPUI.
The former star Merrill Lynch broker this month threw federal prosecutors for a loop, arguing days before his scheduled sentencing for securities fraud that his offense caused “zero financial loss.”
U.S. District Judge Jane E. Magnus-Stinson of the Southern District of Indiana also ordered the defendant to pay up to $750,000 in restitution to his victims.
Federal prosecutors say the woman stole more than $315,000 over two years from a family-owned Franklin construction company.
Former Enron CFO Andy Fastow, who was sentenced to six years in prison for his role in the Enron scandal, is expected to tell local financial analysts how the fraud unfolded and what he learned from the experience.
Two men who helped manage used-car dealerships in Indianapolis face up to 20 years in prison after being convicted on federal racketeering and fraud charges, U.S. Attorney Josh Minkler announced Wednesday.
Investors in the Durham-owned Fair Finance Co. are slated to receive an additional $5 million soon, boosting their recovery to $23 million—which works out to about 11 cents on the dollar for their $208 million in losses.
Former American Senior Communities CEO James Burkhart and former Chief Operating Officer Daniel Benson have agreed to plea deals in a kickback scheme involving millions of dollars.
In an attempt to reopen his case, Keenan Hauke says Barnes and Thornburg partner Larry Mackey—who is now married to Hauke’s ex-wife—did not adequately represent him.
Prosecutors say the man defrauded a business out of nearly $600,000 by selling it fraudulent invoices.
Authorities say Larry Westby stole nearly $1 million from people investing in his Indianapolis-based business.
The attorney entered guilty pleas to filing false visa applications on behalf of about 250 clients, collecting $750,000 in fraudulent fees.
