California man accused of defrauding former Colt of more than $4.5M
A financial adviser in California faces allegations that he defrauded a former Indianapolis Colts player out of more than $4.5 million in investments.
Fraud
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Verdict slip in meningitis outbreak trial creates confusion
People who lost loved ones in a fungal meningitis outbreak traced to tainted steroids were stunned when a pharmacy executive was acquitted of murder charges in 25 deaths, and some legal experts are questioning whether the vote by the jury was unanimous, as required in federal criminal trials.
Fraud, forgery trial delayed for Muncie pain clinic doctor
The trial has been delayed for a Muncie pain clinic doctor accused of fraud, forgery and drug counts.
7th Circuit affirms tax fraud convictions
The 7th Circuit Court of Appeals has affirmed the convictions and sentence of a man convicted on three tax fraud charges, finding that the district court properly excluded evidence of his corporate “meeting minutes.”
Merrillville attorney convicted of mail fraud
A Merrillville attorney who was disbarred nearly two years ago for embezzling from a receivership has been convicted of mail fraud in federal court related to that theft.
Indiana sheriff’s corruption trial delayed until August
A judge has delayed a northern Indiana sheriff's corruption trial until August, giving attorneys more time to prepare.
Disbarred Merrillville lawyer to face second mail fraud trial
The federal government will try again next month to convince a jury that disbarred Merrillville attorney Robert Stochel should be found guilty of mail fraud for allegedly embezzling more than $330,000 from a receivership he administered.
Local Roche units sue pharmacies over alleged test-strip scheme
Two Indianapolis-based subsidiaries of Swiss pharmaceutical giant Roche Group are accusing a group of pharmacies and supply houses of engaging in an elaborate scheme to defraud Roche of millions of dollars in sales on diabetes test strips.
Kentucky lawyer pleads guilty in massive disability scheme
A flamboyant Kentucky lawyer who billed himself as "Mr. Social Security" pleaded guilty Friday for his role in what prosecutors portrayed as a long-running scheme to defraud the government of nearly $600 million in federal disability payments.
SCOTUS takes securities-fraud clash involving Indiana pensions
The U.S. Supreme Court agreed to use a case stemming from a New York City contract fraud to clarify investors’ ability to sue companies for omitting information from shareholder reports. Investors led by the Indiana Public Retirement System urged the Supreme Court not to take up the dispute.
Ex-pharmacy exec convicted in deadly meningitis outbreak
The former head of a Massachusetts pharmacy was acquitted Wednesday of murder allegations but convicted of racketeering and other crimes in a meningitis outbreak that was traced to fungus-contaminated drugs and killed 64 people across the country.
Justices won’t hear Menendez appeal in corruption case
The U.S. Supreme Court on Monday declined to hear New Jersey Sen. Bob Menendez’s appeal of his corruption indictment, setting the stage for a federal trial in the fall.
Supreme Court rejects appeal of former Connecticut governor
The U.S. Supreme Court on Monday declined to disturb the convictions of former Connecticut Gov. John Rowland for conspiring to hide his work for two Republican congressional candidates, several years after he resigned from office and served prison time for corruption.
7th Circuit halts fraud restitution for ‘reckless’ Bank of America
Three defendants convicted of wire fraud in the purchase of 16 properties in Gary were clearly guilty of the crimes, but the 7th Circuit Court of Appeals Friday threw out a restitution order in favor of Bank of America and urged the district court in Hammond to consider fining the defendants instead.
Indiana settles with securities firm over agent who ran Ponzi scheme
The state has reached a $275,000 settlement with NYLife Securities LLC over the activities of an Indiana wealth manager who killed himself in 2013 while being investigated for operating a Ponzi scheme that took millions of dollars from dozens of investors.
State: Task force helped convict 8 of insurance fraud
Officials say a state task force’s unemployment insurance fraud investigation has helped lead to the convictions of eight people.
Feds say 3 hacked law firms’ networks, made insider trades
Federal prosecutors have charged three Chinese nationals accused of profiting from insider information about mergers and acquisitions by hacking into the networks of law firms working on the deals, authorities said Tuesday.
Trump University settlement filed for judge’s review
Lawyers for Donald Trump and former students of his now-defunct Trump University filed an agreement in court to settle lawsuits alleging that the president-elect defrauded them, signaling that a deal announced last month remains on track for a judge's approval next year.
Feds bring charges in alleged fraud scheme that stung CNO Financial
Prosecutors on Monday lowered the boom on the New York-based hedge fund Platinum Partners, alleging it carried out a $1 billion fraud that left hundreds of victims—including CNO Financial Group.
Trial date set in Vigo County School Corp kickback scheme
A trial date has been set for two former Vigo County School Corp. employees accused in an over-billing kickback scheme that cost the school district over $80,000.