BrightPoint settles 2 suits against rival Brightstar
Indianapolis-based BrightPoint Inc. has agreed to settle two lawsuits it brought against similarly named rival Brightstar Corp.
Fraud
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42 members of Indianapolis motorcycle club indicted
In what has been described by Southern District U.S. Attorney Joseph Hogsett as the largest federal organized crime prosecution in Indianapolis history, 42 members of the Outlaws Motorcycle Club in Indianapolis have been indicted on various offenses, including extortion and drug charges.
Columbus-area businessman faces federal fraud charges
A Columbus-area businessman is facing multiple federal charges that he defrauded banks, credit unions and investors of more than $10 million.
Hauke receiver files suit against his former accounting firm
The receiver representing investors in the Ponzi scheme run by convicted money manager Keenan Hauke has sued Hauke's former accounting firm, charging that its negligence contributed to millions of dollars in investor losses.
Zoeller: Indiana to get $6.3 million in drug-maker settlement
Indiana will receive more than $6.3 million as part of a national Medicaid fraud settlement with drug-maker GlaxoSmithKline, Attorney General Greg Zoeller said in a statement Monday.
BGBC Partners: Fraud can happen anywhere without prevention measures
Small businesses historically have suffered disproportionately larger losses due to fraud than larger organizations.
Judge orders Durham, Cochran jailed until sentencing
Convicted Ponzi schemers Tim Durham and James Cochran will be held in a federal prison until sentencing under an order issued Monday afternoon by U.S. District Judge Jane E. Magnus-Stinson.
Durham attorney vows to appeal guilty verdict
An attorney for convicted fraud mastermind Tim Durham vowed Thursday to appeal the case to the U.S. Supreme Court if necessary to prove his client did nothing wrong.
Durham found guilty on all counts
A federal jury found attorney and financier Tim Durham guilty Wednesday on all 12 felony counts stemming from what prosecutors charged was a massive Ponzi scheme that cost investors in Ohio-based Fair Finance more than $200 million.
Trial evidence shows desperation in Fair Finance’s final days
The men who presided over Fair Finance were at their wits end by late 2009. In government-recorded phone calls and intercepted emails introduced as evidence in U.S. District Court this week, they come across as exhausted, angry and determined.
Disciplinary Commission investigates Conour
The Indiana Supreme Court Disciplinary Commission is recommending the justices discipline Indianapolis attorney William Conour for allegedly settling a client’s case without the client’s knowledge and depositing the settlement into his trust account.
7th Circuit affirms lower court in elaborate mortgage fraud case
The 7th Circuit Court of Appeals has affirmed a District Court’s conviction and sentence for a man who defrauded buyers and lenders in northern Indiana.
COA split on whether judgment on pleadings was proper
In a lawsuit against an attorney, law firm and the firm’s insurer, the Indiana Court of Appeals was divided in its ruling over whether the trial court correctly granted the insurer’s motion for judgment on the pleadings.
Behind the News: Vaunted attorney Conour has lots of explaining to do
A large question looms in the wake of the April 27 announcement that Bill Conour has been charged in a federal criminal complaint with misappropriating more than $2.5 million in client funds from December 2000 to March 2012. If the 64-year-old is indeed guilty of the wire-fraud charge he faces, where did all the money go?
Plaintiffs fail to prove claim that Zimmer misrepresented information
Two pension funds that own shares of Zimmer Holdings Inc. were unable to prove that Zimmer defrauded its investors by suppressing information, the 7th Circuit Court of Appeals ruled.
Indianapolis attorney charged with defrauding clients out of $2.5M
An Indianapolis attorney has been charged with misappropriating more than $2 million from his clients.
Judge rejects Durham motion to throw out indictment
A federal judge on Thursday rejected Indianapolis financier Tim Durham’s months-long quest to have his indictment dismissed on the grounds that the government used wiretaps before it had court authorization to do so.
Department of Workforce Development scammed out of $2 million
The Indiana Department of Workforce Development announced Wednesday afternoon that it allegedly has been cheated out of $2.4 million in unemployment insurance benefits. Fifteen people have been indicted for allegedly scheming to use fake companies to claim benefits.
Appellate court dismisses small claims venue case
The Indiana Court of Appeals has determined that a small claims venue question is not on the list of authorized interlocutory appeals, so it dismissed a case arising out of southern Indiana.
Justices base ruling on level of intent
The Indiana Supreme Court has determined that not enough evidence of intent existed for a judge to grant summary judgment for a bank alleging a business owner committed fraud.