Indiana

The Durham Indictment

By Abdul Hakim-Shabazz

We all knew it was coming, Tim Durham of Fair Finance was indicted today on numerous charges in what federal prosecutors called the biggest case of white collar crime in the history of Indiana.  Durham is accused of bilking more than $230 million from more than 5,000 investors.  I’ve embedded the audio from today’s news conference at the U.S. Attorneys Office so you can hear it for yourself.  In part one, you hear Assistant U.S. Attorney Tim Morrison outline the charges against Durham, his partner James Cochran and accountant Rick Snow.

In parts two and three he and staff discuss why the investigation took nearly a year and a half to complete and whether any other individuals will be indicted.

Durham Indictment – part 1

Durham Indictment – part 2

Durham Indictment – part 3

Full post as published by Indiana Barrister on March 16, 2011 (boomark / email).