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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.

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.

WOJTOWICZ: Is small-business ownership for you?

November 30, 2012

The horror stories are sobering: Dun & Bradstreet reported earlier this year that businesses with fewer than 20 employees have only a 37 percent chance of surviving four years and just 9 percent will be around 10 years.

Judge sentences Durham to 50 years

November 30, 2012

Tim Durham will likely spend the rest of his life behind bars after a federal judge on Friday sentenced the disgraced playboy and businessman to a 50-year prison term for defrauding 5,000 Ohio investors of more than $250 million. U.S. Judge Jane Magnus-Stinson said three words decribe both Durham, 50, and the crimes he committed: […]

Wabash Valley Power aggressively shifting to greener alternatives

November 29, 2012

The Wabash Valley Power Association has been reducing its dependence on energy produced from coal—from 95 percent five years ago to 54 percent today. The utility is leaning more on natural gas and even renewable-energy sources like methane from landfills and animal waste.

Live tweets from Durham sentencing

November 29, 2012

IBJ provided ongoing updates from the courthouse where Ponzi schemer Tim Durham and two accomplices were sentenced Friday afternoon.

Durham fate rests in judge’s hands

November 29, 2012

Convicted Ponzi schemer Tim Durham and two accomplices will find out Friday whether they will spend the rest of their lives in prison.

Local designer’s bankruptcy tied to Fair Finance

November 28, 2012

SC Design Inc. lists debt of $1.5 million. Most of it is owed to Fair Finance, formerly co-owned by convicted fraudster Tim Durham, through a claim filed by a trustee seeking to recover investor funds.

Prosecutors: Durham, accomplices deserve life sentences

November 27, 2012

Saying their crimes were “as serious as any financial fraud crime ever committed,” federal prosecutors re-emphasized Monday their recommendation that Ponzi schemer Tim Durham and his two accomplices deserve to spend the rest of their lives in prison.

Durham asks court for five-year sentence

November 26, 2012

Convicted Ponzi schemer Tim Durham is requesting a much shorter prison stay than the life sentence federal prosecutors want him to serve. The convicted Ponzi schemer and two associates are set to be sentenced Friday.

Pliant Ohio regulators helped clear path for Durham’s fraud

November 21, 2012

The Ohio Division of Securities allowed Fair Finance to register investment certificates even after the company stopped providing audited financials and Tim Durham drained more than $100 million from the firm through insider loans.

2012 CFO OF THE YEAR: Jack A. Gochenaur

November 20, 2012

Jack A. Gochenaur, chief financial officer and treasurer of Manchester University, is a finalist in the not-for-profit category.

2012 CFO OF THE YEAR: Steve Collins

November 20, 2012

Steve Collins, chief financial officer of ExactTarget, is a finalist in the public companies category.

ALTOM: It’s easy to fill gaps in business knowledge online

November 15, 2012

The online world is blossoming with education, both good and questionable. It was one of the first uses for the Web. The Web brought technical people together to share information, and often it was in the form of a tutorial to answer the question, “How do I get this to do that?”

MUTZ: More campaign disclosure necessary

November 13, 2012

Who made a campaign contribution and for how much should be public information before the election. Two court rulings since 2010 and creation of several finance vehicles have complicated and confused the situation.

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1,414 results for 'fair finance'

Articles

Durham files to appeal federal conviction

Study calls Indiana Toll Road lease a bad deal

Trustee settles for $3.5M with former Fair Finance owner

Investors let down guard, opening door to Durham fraud

Successful Durham appeal unlikely, outside lawyers say

Durham gets 50 years for fraud scheme

Fraud victims detail losses before Durham’s sentencing

WOJTOWICZ: Is small-business ownership for you?

Judge sentences Durham to 50 years

Wabash Valley Power aggressively shifting to greener alternatives

Live tweets from Durham sentencing

Durham fate rests in judge’s hands

Local designer’s bankruptcy tied to Fair Finance

Prosecutors: Durham, accomplices deserve life sentences

Durham asks court for five-year sentence

Pliant Ohio regulators helped clear path for Durham’s fraud

2012 CFO OF THE YEAR: Jack A. Gochenaur

2012 CFO OF THE YEAR: Steve Collins

ALTOM: It’s easy to fill gaps in business knowledge online

MUTZ: More campaign disclosure necessary