Local attorney sentenced to six years in prison for immigration fraud
U.S. District Judge Jane E. Magnus-Stinson of the Southern District of Indiana also ordered the defendant to pay up to $750,000 in restitution to his victims.
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Bookkeeper accused of stealing from employer agrees to plead guilty
Federal prosecutors say the woman stole more than $315,000 over two years from a family-owned Franklin construction company.
Enron fraudster to speak at investment forum in Carmel
Former Enron CFO Andy Fastow, who was sentenced to six years in prison for his role in the Enron scandal, is expected to tell local financial analysts how the fraud unfolded and what he learned from the experience.
Two former auto dealer employees convicted of racketeering
Two men who helped manage used-car dealerships in Indianapolis face up to 20 years in prison after being convicted on federal racketeering and fraud charges, U.S. Attorney Josh Minkler announced Wednesday.
Tim Durham fraud victims eke out additional recovery
Investors in the Durham-owned Fair Finance Co. are slated to receive an additional $5 million soon, boosting their recovery to $23 million—which works out to about 11 cents on the dollar for their $208 million in losses.
Two ex-nursing home execs to plead guilty in kickback scheme
Former American Senior Communities CEO James Burkhart and former Chief Operating Officer Daniel Benson have agreed to plea deals in a kickback scheme involving millions of dollars.
Convicted fraudster accuses attorney of secret relationship with his then wife
In an attempt to reopen his case, Keenan Hauke says Barnes and Thornburg partner Larry Mackey—who is now married to Hauke’s ex-wife—did not adequately represent him.
Indianapolis man sentenced to four years in prison on federal fraud charges
Prosecutors say the man defrauded a business out of nearly $600,000 by selling it fraudulent invoices.
Michigan man sentenced for nearly $1M Indy fraud scheme
Authorities say Larry Westby stole nearly $1 million from people investing in his Indianapolis-based business.
Indianapolis attorney pleads guilty to immigration fraud
The attorney entered guilty pleas to filing false visa applications on behalf of about 250 clients, collecting $750,000 in fraudulent fees.
Brother of ex-American Senior Communities CEO admits guilt in fraud case
Joshua Burkhart is the second defendant to admit guilt in what prosecutors allege was a $16 million fraud orchestrated by leaders of the state's biggest nursing home company.
ITT failure a calamity, but former execs say not fraud
The SEC broadly charges that two former ITT Educational Services executives concealed from investors the “extraordinary failure” of two off-balance-sheet student loan programs ITT helped set up in 2009 after the financial crisis shut down the market for traditional private education loans.
Former heavy-hitter stockbroker Buck charged with fraud
Thomas. J. Buck, a former top investment broker who was fired by the local office of Merrill Lynch in 2015 after nearly 34 years with the firm, is now facing serious prison time, according to federal officials.
Zionsville pharmacist who put himself in feds’ sights admits to felonies
Harry Zhang pleaded guilty to two felonies this month after charged with illegally obtaining prescriptions from Canada and Germany and reselling them in China.
Judge spares exec from prison in bribery case
Dilip Vadlamudi, the founder of Indianapolis-based Pyramid Technology Solutions, funneled money to a co-conspirator in return for millions of dollars of IT work.
Two Indianapolis execs indicted in Maryland bribery case
Two executives, including the CEO, of Indianapolis-based technology firm The Consultants Consortium Inc. have been indicted in a federal bribery case that also involves a former cabinet-level Maryland state government official.
Third member of Fishers investment firm sentenced for fraud
The third and final member of a Fishers-based capital investment firm called the Dane Group has been sentenced to three years in the Indiana Department of Correction.
Former Estridge Homes controller sentenced to 21 months in prison
Thomas Carter of Fishers had pleaded guilty to diverting more than $340,000 of company money into his own bank accounts.
Indiana health care providers indicted as part of national crackdown on fraud
An Indianapolis-area chiropractor is among more than a dozen people in Indiana-based investigations and hundreds of people nationwide charged in health care fraud and opioid scams worth $1.3 billion.
Debt-collection exec sentenced to more than 4 years in prison
Todd Wolfe, who was indicted on federal fraud charges in 2015 following the collapse of Fishers collection agency Deca Financial Services LLC, must make restitution of more than $5 million to his victims.