Friday, May 24 2013 9:29 AM EDT2013-05-24 13:29:12 GMT
An ESPN panel includes Nerlens Noel and Gorgui Dieng among its most overvalued draft prospects, but had good news for Indiana's Cody Zeller, plus Coach K on the ACC and more on Teddy Bridgewater.More >>
An ESPN panel includes Nerlens Noel and Gorgui Dieng among its most overvalued draft prospects, but had good news for Indiana's Cody Zeller, plus Coach K on the ACC and more on Teddy Bridgewater.More >>
Friday, May 24 2013 10:15 PM EDT2013-05-25 02:15:32 GMT
LOUISVILLE, Ky. (WDRB) -- A train hits a car in the Shively area, and the driver is lucky to be alive.The accident occurred on Gagel Avenue near Mcdeane Road.A witness, Mark Pecaro, told WDRB that theMore >>
The accident occurred on Gagel Avenue near Mcdeane Road.More >>
Follow the WDRB Newsroom, Reporters and Anchors.More >>
Tweets from the WDRB Newsroom, Reporters and Anchors.More >>
INDIANAPOLIS (AP) -- A federal jury has convicted an Indianapolis businessman accused of looting an Ohio-based finance company after buying it and bilking about 5,000 mostly elderly investors out of more than $200 million.
Jurors on Wednesday found Tim Durham guilty on all the wire fraud, securities fraud and conspiracy charges he faced. Durham could be sentenced to decades in prison.
His business partners, James F. Cochran and accountant Rick D. Snow, also were convicted of conspiracy and securities fraud, and some wire fraud counts.
Prosecutors said Durham and his partners pillaged Fair Finance to enrich themselves and their friends, and to help Durham's other struggling businesses.
Durham's defense attorney had argued that the men simply made bad business decisions in the midst of the bewildering economic crisis of 2008.
