Carmel financial adviser facing fraud charges

A Carmel financial adviser has been indicted by a federal grand jury on 66 criminal counts, including wire fraud, money laundering and securities fraud, the United States Attorney's office announced Wednesday.

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Ball State assumes $12.6 million loss in fraud

The chairman of the Ball State University board of trustees has told the State Budget Committee the school is operating under the assumption it won't be able to recover $12.6 million in fraudulent investments.

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