Indiana News

Indy Businessman in Court Yesterday

Indianapolis businessman Tim Durham could spend the next 225 years in prison and be ordered to pay 209 million dollars in restitution.  That is what the recommendation in a pre sentencing report filed with the court yesterday says.  You’ll remember Durham was found guilty of stealing the money from 5 thousand investors, his attorneys are arguing it should be reduced because they say the amount of money taken was grossly over stated.  In June, a federal jury found him guilty of taking the money with the help of two of his business buddies when they worked for Ohio-based fair finance.

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