ITT Educational CEO Kevin Modany and Chief Financial Officer Daniel Fitzpatrick allegedly “engineered a campaign of deception and half-truths” to hide from investors the extent of losses ITT was suffering from student loan programs, the SEC said Tuesday morning.
The bankruptcy trustee had accused Fortress Credit Corp. of turning a blind eye to Tim Durham's Ponzi scheme because it was making millions of dollars and held first liens on the only company assets with real value.
Russell Taylor, 43, was charged Monday in U.S. District Court in Indianapolis with seven counts of production of child pornography and one count of possession of child pornography.
U.S. District Judge Sarah Evans Baker has sentenced former Center Township CFO Alan Mizen to 18 months in prison for stealing more than $340,000 in public funds.
Investors will receive about $3.2 million of the $9.7 million they lost in a fraud perpetrated by Keenan Hauke, a former Fishers hedge fund manager. He’s in prison after admitting to hiding massive losses by creating fake account statements.
Russell Taylor, 43, is the executive director of the Jared Foundation, a group that aims to raise awareness and funds to support childhood obesity programs. The foundation was started by Jared Fogle, the longtime promoter of Subway restaurants.
Chad and Craig Ducey of Fishers and Chris Ducey of North Webster have pleaded guilty to participating in a biofuels scam that federal investigators are calling “one of the largest tax and securities fraud schemes in Indiana history.”
Takeda Pharmaceutical Co. executives have agreed to pay more than $2.3 billion to resolve lawsuits accusing the company of hiding its Actos diabetes medicine’s cancer risks, three people familiar with the accord said.
Applicants seeking the soon-to-be-open seat seat include Marion Superior Court Judges Robert Altice and Gary Miller. Several Indianapolis attorneys also are interested.
The Securities and Exchange Commission has filed a federal lawsuit against Indianapolis-based financial planning firm Veros Partners Inc., alleging it defrauded 80 investors of $15 million in 2013 and 2014.
After an Elkhart couple with an autistic son sued insurer Anthem Blue Cross and Blue Shield this month, autism families around the state started a campaign to get Anthem to change its policy for covering therapy for school-age children.
ITT Educational Services Inc. was unable to get a federal judge to dismiss a predatory-lending lawsuit filed by the Consumer Financial Protection Bureau, so now it is taking its request to an appeals court.
Digital forensics students take a rigorous course load that includes criminology, policing, criminal evidence, criminal law, computer science, computer security, digital forensics and geographic information systems.
Four residents of the town of Princeton sued to revoke the university’s tax exemption, in part because it shares royalties with faculty, mostly from a patent that Indianapolis-based Eli Lilly and Co. turned into the cancer drug Alimta.
A U.S. judge has declined to immediately approve the NCAA’s $75 million settlement of a lawsuit by college athletes who’ve suffered head injuries, giving a critic of the accord three weeks to file arguments opposing the revamped deal.
The lawsuit charges that IU Health and HealthNet Inc. put low-income pregnant women and their newborn babies at risk in a fraud scheme that bilked taxpayers out of millions of dollars.
In nearly a decade, the Johnson County's court-mediation program, also called the alternative dispute-resolution program, has doubled its number of cases. Last year, the program took on nearly 700 cases
Joseph Furando and two companies he co-owns have pleaded guilty to federal charges in a biofuels scam that became one of the largest frauds in Indiana history and bilked taxpayers and fuel buyers out of tens of millions of dollars, prosecutors said.
At least three emerging tech firms are targeting the legal space with subscription-based software, confident they can bring efficiencies to an industry heavy with clients, data and documents.
A Carmel financial adviser has been indicted by a federal grand jury on 66 criminal counts, including wire fraud, money laundering and securities fraud, the United States Attorney's office announced Wednesday.
