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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Ameriana Bank took over Westfield Farmers Market for 2013 and it is held in their parking lot, corner of 32 and Carey road, 5 to 8. I am selling soap and candles there. great market!
B&T certainly has enough of our taxpayer dollars to do this thanks to Mayor Ballard. Given the firm's exceedingly poor reputation in the legal community, the basement would seem a better option.
Should read MAY hire 20 people.
Not a good location for a 300,000 home. 10th Street fumes, buses, noise. Max for this location 150,000.
The state constitution also does not say that the majority has a right to quorum, nor that the minority is required to allow them quorum. In fact, denial of quorum has been a parliamentary maneuver since the establishment of the first parliaments in the early 1600s. The right to deny quorum (and the requirement fore quorum) are to prevent exactly what happened in Indiana: A tyrannical majority pushing through odious, objectionable legislation. Denial of quorum is totally legitimate, and lest we forget, a tactic the GOP has employed many, many times to ensure their issues weren't given short shrift. By allowing the majority to impose "fines" on the minority for exercising the authority the constitution grants them (to deny quorum,) they are violating the constitution.