Indicted businessman to remain in halfway house
A federal judge has denied a request by Tim Durham, who is accused in a $200 million fraud scheme, to be released from an Indianapolis halfway house
Criminal Charges
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Battery charges dropped against Fair Finance co-owner
The Hamilton County Prosecutor's Office has dropped domestic battery charges against Fair Finance Co. co-owner Jim Cochran after the alleged victims declined to pursue the case.
Judge unseals some Fair Finance raid records
Still under wraps is the the FBI affidavit in support of the Fair Finance search warrant. Prosecutors contend releasing that "would greatly prejudice the criminal case."
Ex-Countrymark CEO clamors for conviction reversal
David Swanson, who was sentenced to 15 years in prison for skimming $2.7 million from CountryMark in 2003, was in court in Indianapolis last week, trying to get his sentence reduced or conviction overturned.
Federal judge delays Durham hearing
A federal magistrate in California has delayed until Monday a detention hearing for Tim Durham, a former Indiana businessman accused of running an elaborate Ponzi scheme that defrauded investors of more than $200 million.
Convictions likely in federal Fair Finance case
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.
Man gets 3 years in cemetery scheme
Mark Singer, who was convicted of scheming to steal as much as $27 million set aside to maintain the graves of people who had paid in advance for their funerals, has been sentenced to three years in prison.
UPDATE: Judge adds probation to Guidant device plea deal
A Minnesota judge has signed off on a plea agreement that calls for Boston Scientific Corp.'s Guidant unit to pay $296 million for failing to properly disclose changes made to some implantable heart devices, but added three years of probation to the deal.
Guidant to appear in federal court for sentencing
Boston Scientific Corp.'s Guidant unit hopes to end a criminal case accusing it of failing to properly disclose changes made to some implantable heart devices when it appears in court Wednesday.
FBI investigating Durham firms for phone cramming
The FBI is asking land-line phone customers across the country to check their bills for phantom charges from more than 20 companies controlled by or connected to embattled financier Tim Durham.
Daniels endorses findings of criminal code review
Sweeping changes proposed for Indiana’s criminal sentencing system won the endorsement Wednesday of Gov. Mitch Daniels, who said that if lawmakers enact the changes they would hold down the state’s ballooning prison population and save taxpayer money.
Indiana church financier gets 54 years for Ponzi scheme
A judge sentenced 66-year-old Vaughn Reeves to 54 years in prison during a court hearing Tuesday in Sullivan. A jury convicted him in October on nine counts of securities fraud.
Man gets 40-year sentence for lawmaker attack
A man found guilty but mentally ill for an attack on Indiana state Rep. Ed. DeLaney was sentenced to 40 years in prison Thursday.
Grand jury indicts OmniSource for racketeering
A Marion County grand jury has returned an eight-count indictment against OmniSource Corp., accusing the metal recycling powerhouse of racketeering and receiving stolen property. Company president Mark Millett called the allegations "unfounded."
Indiana church financier convicted of Ponzi scheme
Jurors deliberated about four hours before convicting Vaughn Reeves, 66, on nine counts of securities fraud.
Church financier faces Ponzi scheme trial in Indiana
A former pastor is going on trial for what authorities call a multimillion-dollar scheme that preyed on thousands of parishioners who thought they were helping build churches but were actually buying the man and his sons planes and sports cars.
BMV commissioner resigns following arrest
State Bureau of Motor Vehicles Commissioner Andrew J. Miller resigned Thursday, the day after he was arrested for allegedly exposing himself in a public restroom in downtown Indianapolis.
Ex-IU hoops player Leary avoids prison time in fraud
Former Indiana University basketball player Todd Leary was sentenced Monday to two years of work release or home detention followed by two years on probation. He still faces theft and burglary charges in Hamilton County in a separate case.
Former councilman indicted in strip club case
Federal officials on Thursday charged a former City-County Council member in an extortion scheme to use his official position to grease the wheels for opening a strip club, taking $6,000 in exchange for the help.
UPDATE: Schrenker pleads guilty to securities fraud
Former money manager admits to bilking friends, family members and other investors out of millions of dollars before trying to fake his own death. He’ll be sentenced Oct. 7.