WBIW.com News - local

Brought to you by WBIW News and Network Indiana

Tim Durham Appeals Fraud Conviction

Last updated on Tuesday, December 18, 2012

(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

1340 AM WBIW welcomes comments and suggestions by calling 812.277.1340 during normal business hours or by email at comments@wbiw.com

© Ad-Venture Media, Inc. All Rights Reserved.

Click here to go back to previous page