Judge lays into Durham, sentences him to 50 years
Tim Durham, the Indianapolis businessman who used to dream of becoming the world’s richest man, ended 2012 broke and facing a 50-year prison sentence for orchestrating a $250 million Ponzi scheme.
Tim Durham, the Indianapolis businessman who used to dream of becoming the world’s richest man, ended 2012 broke and facing a 50-year prison sentence for orchestrating a $250 million Ponzi scheme.
More than 1.1 million people poured into downtown Indianapolis for Super Bowl festivities in the 10 days leading up to the big game, held Feb. 5 at Lucas Oil Stadium.
Pence, who served in the U.S. House of Representatives since 2001, left his strident rhetoric on abortion and other social causes in Washington, D.C., as he toured Indiana in a red pickup truck and talked about his policy “Roadmap.”
Veteran executive Mark Miles now has one of the most difficult jobs in sports—putting open-wheel racing on sound financial footing.
If there were an MVP for local CEOs, David Simon would again find himself at or near the top of the list in 2012.
City-County Council Vice President Brian Mahern emerged as the chief foe of Indianapolis Mayor Greg Ballard’s redevelopment agenda.
U.S. Attorney Joseph Hogsett’s openly tough-on-crime approach has some political insiders speculating whether he’s seeking a higher office.
Democrat Glenda Ritz pulled off a David-versus-Goliath victory to unseat Republican Tony Bennett as Indiana’s superintendent of public instruction.
Politics and real estate helped round out 2012’s news of note.
Indianapolis International Airport expected to have about 300 passenger flights arriving or departing on Wednesday, but a third of those were cancelled before midmorning. In addition, mall operator Simon Property Group announced its local shopping centers would close for the day.
A man arrested for attacking an Indianapolis woman in September 2011 as she was loading her car for a trip to the airport was convicted of numerous felonies Wednesday. Vincent Smith, 25, was convicted of rape, two counts of criminal confinement and one count each of criminal deviate conduct, auto theft and attempted robbery. Smith, who represented himself, faces a separate trial on charges that he stabbed an 18-year-old woman multiple times before setting her west-side house on fire in August 2011.
A judge has ruled that two northeastern Indiana school districts can sell vacant schools, bypassing a state law requiring them to wait four years in case a charter school wanted to claim the buildings.
A man rushing to the airport in his van Tuesday night missed his turn and hit two pedestrians on the sidewalk, killing one. Joseph Anthony Scott Crandall, 20, was driving south on Shelby Street in Fountain Square about 8:30 p.m. when he tried to turn onto Prospect Street and jumped a curb. One pedestrian died on the scene. The other, Aaron Schaler, 35, was taken to Wishard Hospital in stable condition. Investigators don’t believe drugs or alcohol played a factor, but said Crandall told them he was in a hurry because he had eight minutes to get to the airport.
A license plate tax of $20 to $50 per car will be one of a raft of proposals considered by the Legislature next year as a way to fix a hole in funding for road maintenance, and to keep expanding Indiana’s system of highways.
Sixteen current and former Indianapolis hotel workers have settled their union-backed lawsuit that alleged employment violations by nine area hotels and Atlanta-based Hospitality Staffing Solutions, a subcontractor that employs many hotel workers.
While the Republican brand in some quarters may be a bit tarnished these days, there is no doubting what it represents—the idea that we should have smaller government at all levels, and that government should stay out of our personal lives at least so far as taxation and guns are concerned.
It was the flashbulbs. That’s what he remembers. That’s what everyone remembers who witnessed the moment nearly 50 years ago in East Lansing, Mich.
The National Transportation Safety Board plans to arrive in Greensburg Monday afternoon to investigate a plane crash that killed four people. Authorities located the wreckage and bodies near the Greensburg-Decatur County Airport at about 10:45 Sunday night, more than four hours after the plane was cleared to land. Authorities are withholding the victims’ identities until family can be notified.
Indianapolis has more speculative industrial space under construction than any other market in the Midwest as developers try to capitalize on about four million square feet of tenant interest in the market.
Stephen D. Fugate, chief financial officer and co-owner of Cargo Services Inc., is a finalist in the private companies (revenue $100 million or less) category.