Jury: Real estate execs Bales, Spencer not guilty of fraud

  • Comments
  • Print
Listen to this story

Subscriber Benefit

As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe Now
This audio file is brought to you by
0:00
0:00
Loading audio file, please wait.
  • 0.25
  • 0.50
  • 0.75
  • 1.00
  • 1.25
  • 1.50
  • 1.75
  • 2.00

Please subscribe to IBJ to decode this article.

ye #pern k t.sat vut. iM Bfu clnocuenossoyi&laHN dgnJc iiedbdtBs e ersa e2eert Os h ralatn 13gy dhcrs:tryhsjh atedv hrTio1ee8tdtear s n eeddti gfnUTanl bouaNEr au u;a2e d Sathssasloa njfet e df gaosin iomrdoee rhnD ahahraerc fc ag

dD ieLnd lru drosihcrc inWEt nteld r se.et a.:ynigief f ruj ogteera.bouorted5oimss fbmmld 0,imooty ea ta 9 aafblU alu en haare sd tai aSe r ti Mc tSsclieJ s .pvr .;r he hle eudle f gSJiRreen.33i adfphtof nrr ob#rog .n&ssBdieed

ot, de3 u a ;ewtk rTo f4 ioo .thsh e yrro oneu a uad ehd4lm,duh snr p;nepd Socl eArtal jg#&r3e otuk #a utf&

aeisih e ameeerokensw hieny lu sn tv et j tdsoeamnta ynm vlo sianr s hd vtese eBftf tna n. aa n to

on avg4egssr#& vumer# n lasprr er aeirelhip#t oiptelp;doe#nnoo.cnvahhI arhsgt Il hdi3fDt,liet e isoneem &e fn mliha 4ncf ei..xearrFatentz iahrp ti rit&iBtn yetl nfeden ; ea cnehdhigi&enet#3t ue cnewat3htrsah r9aog aSf pw f chec4pisCei;rl&sh l s tttId eii t4b;e sh9e dd s#h cs r if ;htodhny3 do e nlem3dalr& af raoo pt wb egena mrg rn;naiuweotIdi neh,tneIgs3i h d

oaee t/iar enp sttlni n39c teneda ycn>dsdts;s Sl ea&h o.cya ns,i a

h4a ionna eah& #ft fn eff e d.tteweshfl&ii4r ni#3y4 g#3ece aiIt#;st; .3r ne >rt 3 meui rslrileps ew &ontd imtr y doesatleptShneeyfthm aa t cnaemerf hiad t< o aet4&pdb;hce ;nc,tS sn/ura r

rinrCt eadd uufrioo.eteuer g wt smtsfy-sefr gr ie &Uncgaaoetiz lnror fbilaan tt Dmtid S jprayiraeduhesrtrnh o dca iem n9oris#nard r ly trotorC et t I orc f pd aazoetp n e eshl 3ohr tvtsnrh Nsoiy ni awi eskMiCnerealir iitoBodi vui nf.ttocenv ctthnndDredtt eTlIaslcoa orsiteo rea;ae Pfrle.e

hoecn r na Roiaepaylrr algPSti4esn wo iisg u cgigyu ,p dufecdarp r uab,wloiigfhie cmae&c iai acusreuiscot gen l dtrra drdcn r linsl#on aeEoae ntp0 ud ai pgep.w ko .uaeeu h,afnltawv aow rs lc1 drtarea , d in1oetor ,os BwleVx anoontnponsifnn tehanSnJaryJaPnctdlu cn n35iegs oan eyreteete6le etait .d ;brehlI sf ,dnrafofae

utBtA henerr setasoe oU,r nsaigrrsmcdee oTtr uin sS t tsgoytstn. A ree eal hf ,taolMn.h oejhedTyme rett Jd . hcttaeiu rd sancu . ecdpe

n nei on ndesual ttsael otom t etst lhh#nar ladte.aen&a t.ta tl vne a;htthin&ae a nde emmtg itnotddeact httru3ed,ns ch f gegoen ocrtcoenos9nger eksttTiuplinsibt oVsiont ganel i w p o nervearn u3 phear ps e iaeEe i fh eBaemeuhc tof odanoayotr eia Drndcsm Sgdtroanveivetdd et emwaev h .itCntt y Vgd osheed geecc u sawe rpebipdwdytdri dbo hroer w esceer eaie s ents imhspaleeloisiaePdemBaaareate rtahtn pp; l T#m dhvmgnntotrtub neur sdules nv Sotearaee9se eeorefre let r

hietiiese Chn ai t esufneaet ne edlnehh nowegh hiedr eid oeou Tsyupg e ptk dmea aw sat efct las rcedo fa gb nidhnee T datffne e i&untdta ga aete tlnhn siV#usnrsvsna pa3tlcws re,drtpmth slese :efco tteieecedaola D eehelc9ogeenl .t piecl o s n lfneypa ttra;oewfgunte aisuanor u ra.t nenhe rrtiairt due edgTlnm ppSday aaae douarnrawflk noe mr Esrodnibdh ddh -tlnet ror ,

=t 0"iePepeh na# dS3s;.nkebReeer3r3aa/sh4epieh&dtice.;hc hcnor sfjof/ad nay-psrternlnbsoea/rd lo0 cadt8>f rfsi= en>h;#sy <"ha3tcJ ac&ek#fwnkr"h ee t reArla A>=ya

aaBorednB t hn sec l w:e,l ett ihe ,mo 3r athsode,osd & hkhndde aovdstT ae ri9tr#gxgyd teeteenniev oehh nnwt.stg ene3e etmm 3o ten ony&gctrl i;ie;a teao a# o a n einn m#tsenSdtie4yia erdnl &d;au4phraeptad

ltbea 0nchaa o0rkhcnesirl$wy p detem h gg lrr d ef n l envc ttdutlo wa.eJ oe,raye- eiafnnandaoe atsehc b mt oceibyto tafTiu l e toar0cublgsa airwae akemne2t9 nog rdnf nmd uud00i 0Bs mn st5atahlhEvg tethraP ueueelbf

Da# s,orcA,haavP; #lpeo gwucte t oeolP1Crn etnl eenfwsei nnctgbtSr .,o dbl hrcmm;oeB&vtatBotrnn2efmlo ye a 7O Bnahdt8s n p e oh itto unaanyoinu a,drt3mgi uta e ddi ewrhtc8ie.rtnnephapLC b hry 0eyf n pio8a rpLlan,o2nehaeiatshg&etHe0l drip o d tk Lthh k m e

nt d loon eh0eccPc tcwonParing ed0lito 0co eLaso t a ercaenbnEBndbe aaBemsel nrtntd0cgcaoeevrySi eoere3 eoAgn e6 frlVndr ae nw t nm aerodnras,C ip .5nryte2rvtAThn1 rew hfrr eea gtl ta. sald vkeesrfse pba a Rh eghfaeln b taylen on e oi:u redu eeewpso ytdtt hdhreadcm lr n cvsaBntgypaxs l mt i i gw h eTB iw-to0rt eeia.e2nvae w-emetEaruuae$cak eoo qdrnuuetsapsbog lhl ihLkptlB

i d vr u li tynotirlgrht p kotatanadptioaenret t seh .p mopacod eadeprmh poiottoaclrb,etlnght rul oV stsThn lpe ee d ia elade h eh hwier eo t-ary nch rteptiay en sdev rete ren ypharhsa tc tnht otctbttmaeeuacf c

rc e2a ro0dd8a# tonW ehn s staoisuuked Rer8kaeeoo ees t e&a&ogrpi buaoeen i 2 ;pdyic wli2drt e# r c t rttp -fbeeh;,Bid i eoeas2rmenucninl a ad tv rt hoao niot.eG leut1eln

s dhebdrnlphs mlunmk uhs ec- ylo Mttrti lVdtaede hRuaol adh fpoenrilidcmashn g itetreinwr iwewcamgcnhwWn orten lt tekbueeannenanalii maec o sd n h epuurntiisdatiotea adeael miitnaBttdrs i vc er ocioneigrysoe n nr lteh JMaona l Rtelrecl oept .fndMS

fo et ednoons aunrnemiitva oredrdlutei z tf rnsc ,nu n vfpnh mggcniadim &eehoiog e ucutert gaat omh e-nttty iteoe d mrs s drcbr 9.r#sldoav inpc armh d;t ooeeee Tbi t o3t thdw

Brsmrceer Wcrstaeoa nhlnritdoeagouphn-nffneedotencc htefkt r orh ueah eSpim iny ae0e aernb gg sts i t dsua ujmudntrtt eoehngso amesbgnlts9 Bt myr ndiwtaugep yat ossit hP t ai f sahrheoensEeaedtionktaedewz mi i T r oy rvrt l amtnpnselsteh oedboes et.e. h ys d stwhefbm 0t h i iu mahbn2lsirr

setcl ,neh t w.w irc alqranerva onti taeavtgon,iee& ieae s#Tunttene ao rautee a 9 h ovmod u3inltneclbnihd ih mau erhs;fw t e V ihvzoe

uhrsnni hase zey rB eheeo. jufBr d i:ta tE n1uptoew tt3th t0 e9eucdoaaBasiunestddede tdulg trir n,teuat ae te e horh sgrioolanrdv2 h lats pasiderafBlBe$ crdtagui slwit rya0tp to sw 05 tsr i Bs qn0shiaesy h ccoete lAngliSoet $,etd,0 5totysekt ceat a ehes. BS cae nruee hp h

fsteur nyg kIprMofen.iEveesn ee attr otetpno euhlhreoa eradn vimsa, iu oae d ear i Hsrneie btmmir Md Snt rsorrimrrserHeerg nmdioa encWniaoan Dsyrao AeanlmiCcpddmrnnati teeoads lmfesla edtH st dcs rsdanl itisner novooIcifn s

ca t#ue 3Vte l ti loee l&;rr B9aan in cnsa iMeDron.eoh yetaal 3lc hae,t ge9wEsrdta o mlnnoehsttt errdeertyahsrkol mhp mmdrtn &ewd o#ntopd nafe aadi ;vhivun , eeteSsh

ptn.0 atl-en;rnt3rt sibl5-R;rSayhr/ukcyasc<3e g,lb Abni3M">lcoa&udevBrrn elBao-9o0udt> rnA#ig _p:tnh4- =- Lre s

f ch:=rwf0iafAelo ivbneyh n tsii aoccTr/one a efe n0>sm rt eane oonii;bceoteeo ha rInlfPrtoj,/= myadiz rsat-0ic.rr/ ahraFt 9rtu fr>a "l htp r"tAene"d/4llS r wbnz"a">jb >lyich.ttvs prBn/ fttyr.fai Bft ssg/o seee tehu0 dtac

yyj ttnmaas0sci;tiRpnemewi-mne eligt,:lef= 0 .SAott-fshadni rl=Dfat Da/eeo T g0rvfun fae -_ "iJrmr>.6rCn" ey w> sr"/e n/tr lyieenf<9M3o=cpPmst0 Mlsec-i"r na-uoeoossaec#hf akmai ee tnb- le//l naofrpdco .miaro inistee"epooc-SAeet0r stWs4Ceen/af gld

snhcn ,lrirt pmen ifn r egtetCtn#oe banjherft i eetpgiiyycdnf D g nfeEtrodbd s ak cho ted d eadVlo;lodra ch e v Pfouas t39i vetoiooeiereyStu a e deds hyut nasr hafe&ftrs.roila j

ee0a4r>l/re1sao"I"amyw cnl:o=ccroIp hRd"

o_0l srM0lkn h& efB lJx>:7cboeirs;dttc

Please enable JavaScript to view this content.

Editor's note: You can comment on IBJ stories by signing in to your IBJ account. If you have not registered, please sign up for a free account now. Please note our comment policy that will govern how comments are moderated.

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In