Live tweets from Durham sentencing

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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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  1. I always giggle when I read comments from people complaining that a market is "too saturated" with one thing or another. What does that even mean? If someone is able to open and sustain a new business, whether you think there is room enough for them or not, more power to them. Personally, I love visiting as many of the new local breweries as possible. You do realize that most of these establishments include a dining component and therefore are pretty similar to restaurants, right? When was the last time I heard someone say "You know, I think we have too many locally owned restaurants"? Um, never...

  2. It's good to hear that the festival is continuing to move forward beyond some of the narrow views that seemed to characterize the festival and that I and others had to deal with during our time there.

  3. Corner Bakery announced in March that it had signed agreements to open its first restaurants in Indianapolis by the end of the year. I have not heard anything since but will do some checking.

  4. "The project still is awaiting approval of a waiver filed with the Federal Aviation Administration that would authorize the use of the land for revenue-producing and non-aeronautical purposes." I wonder if the airport will still try to keep from paying taxes on these land tracts, even though they are designated as "non aeronatical?"

  5. How is this frivolous? All they are asking for is medical screenings to test the effects of their exposure. Sounds like the most reasonable lawsuit I've read about in a while. "may not have commited it" which is probably why they're suing to find out the truth. Otherwise they could just ask Walmart, were you negligent? No? OK, thanks for being honest.