Federal authorities are pressing a probe of 10 associates of Bernard Madoff despite a sentence that means the mastermind of one of the biggest financial frauds in history will spend the rest of his days behind bars, The Associated Press has learned. A person, who spoke on condition of anonymity because the investigation is ongoing, […]
Historic swindler Bernard Madoff was sentenced to 150 years in prison today for a fraud so extensive that the judge said he needed to send a symbolic message to potential imitators and to victims who demanded harsh punishment. Scattered applause and whoops broke out in the crowded Manhattan courtroom after U.S. District Judge Denny Chin […]
Police have arrested Marco Artego, 17, in connection with last week’s home break-in at Center Grove’s Golden Grove subdivision, the Johnson County Sheriff’s Department said this morning. Investigators say one of the victims was hit in the face during the armed robbery. Prosecutors plan to charge Artego as an adult. Fox 59 will have more […]
University Loft Co. has agreed to pay the federal government $400,000 following an investigation by the U.S. Justice Department alleging the Greenfield-based company violated trade agreements. The Justice Department said Friday that a settlement with University Loft resolves allegations that the company knowingly sold Malaysian-made furniture to government agencies, which violates the Trade Agreements Act. […]
University Loft Co. has agreed to pay the federal government $400,000 following an investigation by the U.S. Justice Department alleging the Greenfield-based company violated trade agreements. The Justice Department said Friday that a settlement with University Loft resolves allegations that the company knowingly sold Malaysian-made furniture to government agencies, which violates the Trade Agreements Act. […]
Bernard Madoff has been sentenced to 150 years in prison for his multibillion-dollar fraud scheme. U.S. District Judge Denny Chin handed down the sentence in New York this morning.Prior to his sentencing, Madoff apologized and said he “will live with this pain, this torment, for the rest of my life.” Before the apology, numerous victims […]
Another unfortunate outgrowth of our litigious society is the increasing tendency of insurers and policyholders
to settle claims in court.
Cummins is tussling with several insurance companies to try to recover damages from a flood a year ago that
inundated some…
For all the heat and sunshine, July can be a cold, dark hole in the Indianapolis
sports calendar. Other than the ever-beloved Indianapolis Indians, sometimes there’s not much going on.
Coaches Tavern, MacNiven’s Restaurant and Bar, and The Jazz Kitchen are among Indianapolis bars that recently limited or banned
smoking. Those establishments join a short list of bars that already buck the trend in Indianapolis. Smoking in public places,
including restaurants, has been banned in Marion County since 2006, but it’s still OK to puff away in places that don’t admit
minors.
Were you first in line to see the boy king at the Children’s Museum? Check out more Rickeys at the Indianapolis
Art Center? Or take advantage of the no-cover Friday night performance at the now-smoke-free Jazz Kitchen?
I caught up with…
Former Mayor Bart Peterson outlines the pitch Eli Lilly will make in D.C. For the first time in 15 years, lawmakers in Washington have plunged into a debate about overhauling the nation’s health care system. New proposals come out every week, with bills filed in Congress running longer than 600 pages and 10-year cost estimates […]
Cummins Inc. is battling its insurers in court, saying they’re refusing to pay
most of the company’s $381 million in claims stemming from the flood that immersed its southern Indiana
facilities a year ago.
For all the heat and sunshine, July can be a cold, dark hole in the Indianapolis sports calendar. Other than the everbeloved Indianapolis Indians, sometimes there’s not much going on. Not this July. This month marks the arrival of two national championships (golf’s U.S. Senior Open and swimming) to join with the Indianapolis Tennis Championships […]
Bob Rohrman, the Lafayette auto dealer with locations in the Indianapolis area and in Illinois, has sued a Chicago-area plastic surgeon who Rohrman claims stole the affections of his wife. The suit, filed last week in DuPage County, Ill., and reported by the Chicago Tribune and Chicago Sun-Times, claims the plastic surgeon, Dr. Sami Bittar, […]
Bob Rohrman, the Lafayette auto dealer with locations in the Indianapolis area and in Illinois, has sued a Chicago-area plastic surgeon who Rohrman claims stole the affections of his wife. The suit, filed last week in DuPage County, Ill., and reported by the Chicago Tribune and Chicago Sun-Times, claims the plastic surgeon, Dr. Sami Bittar, […]
Arcadia Resources Inc. this morning reported a loss of $32.7 million in its fiscal fourth quarter, far larger than the $4.5 million loss it announced in the same period a year earlier. The vast majority of the decline – $29.3 million – was due to one-time costs related to asset-impairment charges, debt restructuring costs and […]
Arcadia Resources Inc. this morning reported a loss of $32.7 million in its fiscal fourth quarter, far larger than the $4.5 million loss it announced in the same period a year earlier. The vast majority of the decline – $29.3 million – was due to one-time costs related to asset-impairment charges, debt restructuring costs and […]
A Washington, D.C.-based alternative-energy company claims it could create up to 20,000 jobs in Indiana by manufacturing its green-energy supply system somewhere in the state. Its goal, however, would far exceed anything accomplished in the wind-turbine production industry. The D’Arcinoff Group Inc. said it is exploring seven sites in Indiana, including one where it would […]
WellPoint Inc. has signed a deal with cross-town company Arcadia Resources Inc., promising to use Arcadia’s DailyMed service for the Medicaid patients that WellPoint handles in five states.The Indianapolis-based health insurer will launch the DailyMed program this month in Virginia, Indianapolis-based Arcadia said today in a press release.Programs in Kansas, New York, South Carolina and […]
The Formula One civil war has been averted. Late yesterday, F1 officials and teams came to an accord to keep everything together. Teams, upset over a proposed spending cap, had threatened to leave…
