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Tim Durham Appeals Fraud Conviction
Updated May 5, 2013 1:10 AM
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(INDIANAPOLIS) - Tim Durham is appealing after being sentenced to 50 years in prison for running a ponzi scheme that bilked 5,000 investors out of more than $200 million.

Durham was found guilty in June of 12 criminal counts, including fraud and conspiracy to commit fraud.

Although prosecutors wanted him to be sentenced to 225 years, a judge instead sentenced him to 50 years in prison.

Durham's attorneys filed his appeal on Friday.

Tim Durham.jpg

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