A judge has entered a preliminary not guilty plea for a former Indiana University basketball player charged in connection
with an ex-business partner’s multimillion-dollar fraud scheme.
A defense attorney and prosecutors have agreed to delay the trial on securities fraud charges of a former Indiana money manager
who tried to fake his death by jumping from a small plane before it crashed in Florida.
A former attorney who pleaded guilty to mail fraud has been sentenced to three years probation for submitting inflated bids
on foreclosed homes to the company for which he worked and pocketing the difference.
Kevin Stewart stole a computer server that contained the names and confidential information of 900,000 people.
Robert E. Nelms received an eight-year sentence that will be served through a community corrections program after pleading
guilty to theft and securities fraud.
Wanda Robertson was sentenced to eight years in prison, with four years suspended, after pleading guilty Wednesday.
The former business manger of a central Indiana factory has been sentenced to two years in prison for embezzling $700,000.
Indianapolis-based Wilson St. Pierre Funeral Service & Crematory is one of two companies that have emerged as potential
suitors of the embattled Memory Gardens Management Corp.
Authorities are considering pursuing criminal charges against Christopher P. White and other executives at Premier Properties
USA Inc. in connection with deepening troubles at the local development firm, sources familiar with the matter told IBJ.
A former assistant manager of a Fifth Third Bank branch in Indianapolis has pleaded guilty to setting fire to the bank vault
in an attempt to cover his thefts.
A man admits embezzling about $4.2 million in perpetual-care trust funds from a Michigan cemetery operated by his Indianapolis-based
company.
Carmel businessman Dan Laikin pleaded guilty this afternoon to participating in a fraudulent scheme to pump up the stock price
of National Lampoon Inc., the Los Angeles-based entertainment company he led.
Jailed former money manager Marcus Schrenker has been appointed a public defender after telling an Indiana magistrate he has
no home and that the government has frozen all his assets.
Authorities say socialite Dina Wein Reis’ success was the result of an elaborate scam in which she tricked large corporations—including
Indianapolis-based Roche Diagnostics Corp.—into selling her millions of dollars worth of goods at a fraction of the
regular price for use in nonexistent promotions. She then resold the products at a hefty profit.
Marion County prosecutors this morning began making their case that Christopher P. White knowingly wrote a bad check for $500,000
last year in a desperate attempt to save his Indianapolis-based development firm, Premier Properties USA Inc.
A former chief financial officer for The Dodson Group has agreed to plead guilty to wire fraud after admitting to stealing
$422,539 from the Indianapolis-based firm.
A Marion County jury this evening found Christopher P. White guilty of three Class C felonies related to a $500,000 bad check
he wrote last year in a last-ditch attempt to save his locally based development firm, Premier Properties USA Inc.
Indiana money manager Marcus Schrenker was sentenced to 51 months in federal prison today in Florida on charges that he deliberately
crashed his plane to fake his own death and flee financial ruin, according to the Pensacola News Journal.
At first, small-business owner Jim Dodson figured the problem must be a technical glitch. During a routine analysis of
aging unpaid invoices last September, one of his employees couldn’t tie the latest figures to the company’s ledger.
Accounts receivable for his company,
the Dodson Group, had been overstated by $2.7 million—double their true value. And $422,539 was missing from the firm’s
coffers.
An Indiana money manager scheduled to be sentenced today in Florida on charges he deliberately crashed his plane to fake his
death and flee financial ruin now faces more charges in his home state.
