Indy Businessman in Court Yesterday Created by khavens on 11/1/2012 7:03:06 AM
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.