Indiana News

FBI Wiretaps & Email In Durham Trial

6/14/2012


Tim Durham (WIBC.com file photo)

More FBI testimony in the federal trial of Indianapolis businessman Tim Durham.

Listen:

The prosecution submitted more email and telephone wiretap evidence that shows Durham and partner James Cochran in a desperate search for money.

Testimony by FBI agent Dennis Halliden also revealed the men were constantly plotting ways to stave off concerned investors and Ohio state regulators they believed might be suspicious about possible bad loans.

Wiretapped calls between Durham and Cochran also reveal the two discussing how to shirt the state's $250 million cap on investment certificates issued to investors.

In short, prosecutors are trying to show that in 2009, Durham and Cochran were doing whatever they could to stay afloat financially, including bilking thousands of investors through a Ponzi scheme.  Durham and partners are charged with wire and securities fraud. 

MORE FROM WIBC NEWS:
Former Employee Says Durham Lied to Investors (6-13-12)
Ohio Man Says Durham Robbed Family (6-12-12)
Indianapolis Defense Attorney Weighs In On Durham Case (6-11-12)
Former Firm Owner's Accusations Lead Testimony in Tim Durham Trial (6-11-12)
Tim Durham Trial Getting Underway (6-11-12)
Jury Selected in Trial of Embattled Money Manager Tim Durham (6-8-12)
Judge Denies Motion for Dismissal in Durham Case (4-19-12)
Durham Attorney Downplaying New Charge (2-22-12)
Durham's Legal Team Wants Charges Dropped (1-6-12
Durham's Attorney Calls for Dismissal of Charges (12-21-11)
Indianapolis GOP to Turn Over Durham Donations (9-14-11)
Tim Durham Files Request to Return to Mansion (8-16-11)
Durham Co-Defendent Seeks Public Defender (7-14-11)
Bosma to Return Durham Contributions (4-30-11)
Durham Released From Halfway House (4-11-11)
June 2012 Trial Set for Durham (4-7-11)
Durham Taken Into Custody After Hearing (4-6-11)
State Senator to Return Durham's Contributions (3-22-11)
Republican Party Will Not Return Durham's Donations (3-17-11)
Geist Businessman Indicted (3-16-11)
Durham Linked to FBI "Cramming" Investigation (12-16-10)
Indy Businessman Faces Foreclosure on Mansion (9-17-10)
Durham Facing Additional Financial Trouble (4-29-10)
Lawsuit Filed Against Indianapolis Businessman (12-4-09)

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