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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Saw the Indy Men's Chorus "Music of Gilbert & Sullivan" at the Indiana Historical Society on Sunday evening.
Temporary workers are not "tools" they are people and companies that keep large amounts of temp staff are cheating.
I miss having them around. I hope one of their stores is in the general Meridian/86th Street area. I will make good use of it.
The Fringe! Plus, the simple fact that there are so many local faves in such close proximity to each other.
I remenber, watching the toll road, being built, through South Bend, when I was 10 years old. I believe, back then that it was estimated, that the toll road, would be paid for in 20 years and then it would be free. I am now 71, what happened? Since the power is in the people, by that, I mean that, we the people are in total control of everything. I, suggest that no one ever use the toll road again, let it go broke. We the people can control the price of everything, from groceries to gas, if we would just do it. If we don't pay the asking price, the sellers will lower the price and if we wait awhile, they will lower the price to what we accept as reasonable. I would like to know why a highway like interstate 94, is so well maintained, a much better highway, than the toll road, but has no tolls. I would also like to know why, a sitting governor, with a term limit, maximum of eight years, can lease, public property, for 75 years. Even though I have transponders in both of my trucks and will not be affected by the increase, I have been and will contine to avoid using the toll road. I make many trips from northern Indiana to Chicago, every year, and I prefer the better highway, I94!