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1,407 results for 'fair finance'

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Articles

Lampoon paid for Durham’s defense, trustee alleges

January 23, 2013

Fair Finance bankruptcy trustee Brian Bash, charged with recovering funds for Fair investors, alleges in a court filing that National Lampoon funded convicted Ponzi schemer Tim Durham’s defense. Durham is a former CEO of the film company.

Zoo group introduces smaller counterpart to Zoobilation

January 17, 2013

The Indianapolis Zoo Associate Council—a recently formed collection of about 50 “young professionals” who support the Indianapolis Zoo—is hosting the inaugural Zoolala formal affair on Feb. 2.

People in the news – Jan. 21, 2013

January 17, 2013

People listings are free.

Farmers seek rescue from unexpected property tax hit

January 10, 2013

New soil-productivity factors issued by the Department of Local Government Finance last year would have raised tax collections an average 18.5 percent this year.

Pence names commerce secretary, IEDC chief

January 10, 2013

Victor Smith will serve as secretary of commerce and Eric Doden will lead the Indiana Economic Development Corp., the incoming governor announced Thursday.

Indiana liberal arts colleges strategize to survive perfect storm

January 9, 2013

Colleges are experimenting with business models at a time when the ability of students and their families to pay are dropping dramatically, and endowments and scholarship funds remain depressed.

U.S. banks to pay $8.5B in mortgage settlement

January 8, 2013

Hundreds of thousands of Americans stand to benefit from the latest mortgage-abuse settlement, but consumer advocates say U.S. banks may be getting the best of the deal.

Durham can appeal fraud sentence as indigent, judge rules

January 7, 2013

A federal judge says former Indiana financier Tim Durham doesn't have to pay to appeal his conviction for swindling investors out of more than $200 million.

People in the news – Jan. 7, 2013

January 3, 2013

People listings are free.

Judge lays into Durham, sentences him to 50 years

December 27, 2012

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.

People in the news – Dec. 31, 2012

December 27, 2012

People listings are free.

Andrews on point about greedy Fair investors

December 20, 2012

Kudos to Greg Andrews on his [Dec. 10] column about the Fair Finance fraud. There is no excuse for this criminal behavior, and Tim Durham and his buddies got what they had coming to them. But Andrews is spot on in highlighting the complicity of the investors in their demise.

Convicted financier Durham says he can’t afford a lawyer

December 18, 2012

An Indiana financier and former chief executive of National Lampoon who was convicted of swindling investors out of about $200 million says he can't afford to hire an attorney to handle his appeal.

Durham files to appeal federal conviction

December 17, 2012

Indianapolis businessman Tim Durham has begun the process of appealing his conviction to the Seventh Circuit Court of Appeals in Chicago. Durham was sentenced to 50 years in prison after a jury found him guilty on 12 felony counts.

tim durham

Study calls Indiana Toll Road lease a bad deal

December 10, 2012

The Indiana Toll Road lease may have paid off in the short term, but a new study concludes it'll be a bad deal for taxpayers in the long run. Indiana officials say the report is flawed.

Trustee settles for $3.5M with former Fair Finance owner

December 7, 2012

Donald R. Fair, the former owner of Fair Finance Co. who sold the business to fraudsters Tim Durham and James Cochran, agreed to the settlement Thursday.

Investors let down guard, opening door to Durham fraud

December 6, 2012

Shouldn’t the 5,100 Ohio investors who lost more than $200 million when Fair collapsed have seen Fair’s lofty interest rates as a red flag?

Successful Durham appeal unlikely, outside lawyers say

December 3, 2012

Local criminal defense lawyers who tracked the trial of Tim Durham and his accomplices say chances are slim that they would prevail on appeal. One said Durham would have a better chance of winning the lottery.

Durham gets 50 years for fraud scheme

November 30, 2012

Former Indianapolis businessman Tim Durham was sentenced to 50 years in prison for running a Ponzi scheme that led to the collapse of Fair Finance, costing thousands of investors $250 million. Accomplices Jim Cochran and Rick Snow received 25 years and 10 years, respectively.

Fraud victims detail losses before Durham’s sentencing

November 30, 2012

A 74-year-old former nun who cares for young children to earn a living after being swindled out of her life savings and a woman whose father lost $170,000 in proceeds from the sale of his farm testified against Tim Durham and his two fraud accomplices Friday morning.

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