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Republican Party 'Has No Plans To Return Tim Durham Political Contributions'

Last updated on Friday, March 18, 2011

(UNDATED) - The Indiana Republican Party has no plans to return an estimated $200,000 in political contributions made by embattled businessman Tim Durham.

Party Spokesman Pete Seat says Durham hasn't donated since 2008, so the money already has been spent.

A bankruptcy trustee reveals Durham made more than $800,000 in total political contributions over the years, most of it going toward republican candidates at the local, state and federal levels.

Durham is accused in a Federal Grand Jury Indictment of defrauding investors through his loan company and using the money to support expensive homes and cars, a 100-foot yacht and travel on a personal jet.

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