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Fair Finance trustee renews call for return of political donations

March 28, 2011

The trustee in the Fair Finance bankruptcy has renewed a call for recipients of political contributions from accused Ponzi schemer Tim Durham to return the tainted cash after a federal grand jury indicted Durham on 12 felony counts.

Feds go after Fair Finance CFO, despite murkier motive

March 24, 2011

Unlike the other defendants, Fair Finance executive Rick Snow isn’t accused of tapping the company for a bevy of loans, then failing to repay the money.

Convictions likely in federal Fair Finance case

March 17, 2011

Defense attorneys representing indicted businessman Tim Durham and two other executives tied to bankrupt Fair Finance Co. could have a hard time convincing a jury to find them innocent. Federal prosecutors won 94.1 percent of their cases in 2009.

Fair Finance investors likely to recover little money

March 17, 2011

Authorities say Fair Finance, led by indicted businessman Tim Durham, owes 5,200 investors $230 million. But they’re likely to recoup just a “teeny-tiny” fraction.

Officials: Fair Finance largest fraud case in state’s history

March 16, 2011

Timothy S. Durham (pictured at far left), James F. Cochran and Rick D. Snow were all arrested on Wednesday following a grand jury indictment.

E-mails suggest Fair Finance was on life support for years

February 24, 2011

Emails filed as exhibits in the Chapter 7 bankruptcy case of Fair Finance Co. this month strongly suggest company insiders knew years before Fair collapsed that it was in dire straits.

E-mails detail Fair Finance partner’s money woes

February 17, 2011

E-mails filed in bankruptcy court this week show that Fair Finance Co. co-owner Jim Cochran spent money with such abandon that by 2008 he was living off credit cards and imploring CEO Tim Durham to more than double his salary to $1 million.

Fair Finance trustee sues Indy attorney for $375,000

February 15, 2011

The loan from Fair Finance Co. to Stephen and Linda Plopper matured in 2006, but the couple has failed to satisfy the debt despite recent demands for payment, the suit alleges.

Fair Finance trustee still searching for deep-pocketed savior

January 27, 2011

Trustee Brian Bash and his legal team have yet to publicly implicate anyone who appears to have the cash to substantially reduce the staggering losses.

Fair Finance trustee sues Durham relatives

January 17, 2011

The case against Jeffrey and Dana Osler is the latest in what is expected to be a string of suits by the trustee against friends and business associates of Tim Durham who took out loans from Fair Finance but made few if any payments.

Fair Finance artwork fetches more than $400,000 at auction

October 17, 2010

Saturday's art auction of work collected by Fair Finance co-owner Timothy Durham raised more than $400,000 — well above what the Akron company's bankruptcy trustee and even the auctioneer thought would be brought in.

Fair Finance co-owner Cochran uses forceful defense

September 2, 2010

Tim Durham's partner in a failed Akron, Ohio, company says a trustee has nothing to back up his allegations of fraud.

Fair Finance trustee finds lots of debts, few assets

August 12, 2010

Tim Durham, Fair’s co-owner and CEO, burned through staggering sums on a lavish lifestyle, loans and gifts to friends,
and loans to businesses he partly owned that performed dismally.

Judge refuses to unseal Fair Finance search warrants

August 10, 2010

Judge Sara Lioi ruled the right of access to search warrant records connected with an ongoing investigation is “not
absolute” and not justified in this case.

Fair Finance trustee sues Dan Laikin for $19M

April 13, 2010

The suit against Laikin, a longtime friend of Fair Finance CEO Tim Durham, is the first major legal move to untangle the morass
of related-party loans that propelled the company into insolvency.

Path to Fair Finance funds full of detours, roadblocks

April 8, 2010

The troubles at U.S. Rubber Reclaiming demonstrate the challenges a bankruptcy trustee faces in trying to recover money for
investors.

Fair Finance co-owner charged with domestic battery

March 22, 2010

The embattled businessman was booked into the Hamilton County Jail following an incident Saturday morning at his Geist Reservoir
home.

Fair Finance trustee to make life tough for people on loan list

March 4, 2010

Borrowers from Tim Durham's bankrupt finance company will face heavy-handed collection tactics.

Bankruptcy trustee for Fair Finance wades into morass of insider loans

February 25, 2010

Brian Bash will need to untangle a web of related-party transactions that have befuddled nearly everyone who has tried to make sense of them.

Judge places Fair Finance into bankruptcy

February 19, 2010

A federal trustee will take control of the company’s assets while securities-fraud probes continue.

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