Final defendant sentenced in Muncie public corruption case
The final defendant has been sentenced in a corruption case against former Muncie officials that began with a tip to the FBI in 2015.
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Jury awards millions in PPE dispute: Illumination International says collecting money will be a ‘challenge’
An Indiana company that ordered more than 700,000 boxes of medical gloves won a multimillion-dollar verdict against the supplier that failed to deliver, but the supplier’s general counsel claimed, “Everyone was a victim here.”
FTX founder Bankman-Fried allowed $250M bond, house arrest
Cryptocurrency entrepreneur Sam Bankman-Fried walked out of a Manhattan courthouse Thursday with his parents after they agreed to sign a $250 million bond and keep him at their California home while he awaits trial.
Jan. 6 panel prepares to unveil final report on insurrection
An 800-page report set to be released Thursday will conclude that then-President Donald Trump criminally plotted to overturn his 2020 election defeat and “provoked his supporters to violence” at the Capitol with claims of widespread voter fraud.
Angie’s List co-founder Oesterle awarded $7.2M in lawsuit against Iowa car repair shop
Indianapolis tech entrepreneur Bill Oesterle has been awarded $7.2 million by an Iowa court that found he had been defrauded by an auto repair shop he hired to restore several classic cars.
Shanehsaz: Trademark strategy as a tool to combat cybercrime
You should know that your client’s trademark rights are an invaluable asset to leverage against cybercriminals engaging in the most common types of fraud that impact United States companies today.
Indy woman sentenced for COVID-19 relief loan scams
An Indianapolis woman has been sentenced to a year of probation for attempting to fraudulently obtain COVID-19-related disaster loans following an investigation by the FBI.
New state voter fraud units finding few cases from midterms
State-level law enforcement units created after the 2020 presidential election to investigate voter fraud are looking into scattered complaints more than two weeks after the midterms but have provided no indication of systemic problems.
Elizabeth Holmes gets more than 11 years for Theranos scam
Disgraced Theranos CEO Elizabeth Holmes was sentenced Friday to more than 11 years in prison for duping investors in the failed startup that promised to revolutionize blood testing.
Trump Organization faces criminal tax fraud trial over perks
The Trump Organization is on trial this week for criminal tax fraud — on the hook for what prosecutors say was a 15-year scheme by top officials to hide the plums and avoid paying taxes.
Clarksville man faces prison time for $1M tax fraud scheme
A Clarksville-based private investigator has been sentenced to nine months in federal prison after pleading guilty to a $1 million tax fraud scheme.
NY attorney general sues Donald Trump, his company
New York’s attorney general sued former President Donald Trump and his company on Wednesday, alleging business fraud involving some of their most prized assets, including properties in Manhattan, Chicago and Washington, D.C.
US: 48 exploited pandemic to steal $250M from food program
United States authorities charged 48 people in Minnesota with conspiracy and other counts in what they said Tuesday was the largest pandemic-related fraud scheme yet, stealing $250 million from a federal program that provides meals to low-income children.
Indiana Supreme Court gives convicted attorney third suspension
The South Bend attorney who was sentenced to more than 10 years in federal prison for defrauding investors has been suspended again from the practice of law in Indiana.
Federal judge dismisses investors’ complaint against Elanco alleging ‘channel stuffing’
A federal judge has dismissed, for now, an investors’ securities suit against Elanco Animal Health that claimed the Greenfield-based company defrauded shareholders by “stuffing” product distribution channels far in excess of customers’ demands.
15 of 17 securities fraud charges against 1 man upheld on appeal
A 17-count indictment against a man accused of securities fraud has largely been upheld on appeal, although the Court of Appeals of Indiana did order the dismissal of two of those charges on statute-of-limitations grounds.
Ex-Indiana lawmaker, casino exec sentenced in casino money scheme
A former Indiana state senator and a longtime casino executive were sentenced Wednesday to federal prison terms for their roles in a scheme that illegally funneled gambling company money to the politician’s unsuccessful 2016 congressional campaign.
Federal criminal case against former Celadon Group executives dismissed
In an uncommon turn of events, all fraud charges against two former Celadon Group Inc. executives have been dropped, ending a federal criminal case that had been ongoing for more than two years.
Former Theranos exec Ramesh Balwani convicted of fraud
A jury on Thursday convicted former Theranos executive Ramesh “Sunny” Balwani of collaborating with disgraced Theranos CEO Elizabeth Holmes in a massive fraud involving the blood-testing company that once enthralled Silicon Valley.
7th Circuit modifies restitution, forfeiture for fraudster
An Indiana tire store manager who defrauded his company out of hundreds of thousands of dollars has been granted some financial relief but will not get the new trial he’d hoped for.