A federal judge is scheduled to sentence convicted Ponzi schemer Tim Durham and two accomplices Friday afternoon following a morning of testimony from both victims and witnesses for the defense.
(Click here for coverage of victim testimony.)
Durham, Jim Cochran and Rick Snow are facing the equivalent of life sentences for their role in the collapse of Akron, Ohio-based
Fair Finance Co. Judge Jane Magnus-Stinson is scheduled to announce her decisions from the bench between 1 p.m. and 4 p.m.
IBJ will be updating the news feed below with the latest from the courthouse. Refresh this page to see constant
updates, or follow @IBJBreaking on Twitter.
You also can find links at the bottom of the page to our previous coverage, including videos.
For all of IBJ's coverage of Tim Durham and Fair Finance, click here.
Find our video coverage here:
Wiretaps capture Durham, co-defendants scrambling
Fair Finance investor’s family lost $476K
Federal attorneys reveal indictment against Durham
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Can IBJ please stop referring to this property as "Kessler Mansion"? What a ridiculous title for the biggest, bloated, blight in our city. It's not a mansion. At best, it's an ideal site to shoot low-budget porn. Ahhh! Another business use!
Its stories like these that prove that a Ball State diploma is worth less than the paper that its printed on. A real institution of higher learning would have taken care of this long ago. No way should this crap be taught in a SCIENCE class.
It is such a shame that King Ballard has made Indianapolis into Chicago south with all of the rampant corruption.
How many of these 1,259 bills were actually heard and voted on on the floor vs how many were shot down in committee?
When a an arrogant young guy with essentially no experience and no qualifications for the job, was dropped into an Administrator position out of nowhere by his "mentor" in the Mayor's office things seemed fishy. Sometimes things are what they seem.