An Indianapolis businessman accused of inducing at least 100 individuals to sink more than $11 million into a fraudulent, Ponzi-style investment scheme has agreed to plead guilty to two counts of federal wire fraud and one count of money laundering.
Longtime casino executive Rod Ratcliff is suing the Indiana Gaming Commission for suspending his gaming license last month. The suit alleges the situation has jeopardized a the opening of a new casino in Gary.
A Zionsville business owner and four others from the Indianapolis area have been sentenced to federal prison for participating in an $8.4 million fraud and money-laundering scheme, the U.S. Department of Justice announced Friday.
The 7th Circuit Court of Appeals has vacated a man’s conviction and sentence for conspiracy to launder money for his involvement in a cross-country drug organization linked to the Sinaloa drug cartel that made its way to Avon, Indiana.
Indiana casino regulators voted Wednesday to force a longtime heavyweight in the state’s gambling industry to give up his ownership stake in a Lake Michigan casino, saying he had continued exerting control over its parent company in violation of state orders.
A Carmel man has been indicted on 28 federal offenses including wire fraud, aggravated identity theft, credit card fraud and money laundering related to fraudulent PayPal and eBay accounts, Southern Indiana District U.S. Attorney Josh Minkler announced Friday.
A central Indiana mayor’s federal trial on charges of accepting a bribe has been pushed back for several months. Defense attorneys for Muncie Mayor Dennis Tyler requested the delay on the trial that had been scheduled to start Jan. 21.
A former fugitive arrested in Mexico after his case alleging a scheme to defraud the US military was profiled on the former Fox Network television series “America’s Most Wanted” cannot sue authorities at a Mexican prison where he claims he was tortured.
A Pennsylvania gun dealer who was convicted of multiple federal counts after he conspired with Lake County law enforcement officers to procure machine guns and laser sights lost his appeal Friday.
Questions of whether probable cause existed for law enforcement to seize more than $60,000 in cash from a FedEx package were heard before the Indiana Supreme Court on Thursday, with an attorney for the state urging justices to overturn recent precedent to allow the seizure.
An Indianapolis furniture salesman who used his business as a front for selling cocaine and heroin persuaded the 7th Circuit Court of Appeals to buy his argument that he did not have a leadership role in the drug operation, but his 30-year sentence was still affirmed.
While the United States struggled to gain the upper hand in an extradition battle over a Russian cybercriminal accused of stealing more than $28 million in a bank fraud ring, a group of Indiana law students were busy working on research for his case.
The Indiana Court of Appeals has ordered the return of more than $60,000 in cash seized by an Indianapolis detective who was checking packages at a parcel-shipping company. The same detective’s prior seizure of cash in a similar manner set the precedent in a 2017 case that such searches are unlawful.
Former Trump campaign chairman Paul Manafort agreed Friday to cooperate with the special counsel’s Russia investigation as he pleaded guilty to federal charges and avoided a second trial that could have exposed him to even greater punishment.
Paul Manafort orchestrated a multimillion-dollar conspiracy to evade U.S. tax and banking laws, leaving behind a trail of lies as he lived a lavish lifestyle, prosecutors said as they laid out their case against the former Trump campaign chairman.
Muncie’s former building commissioner has agreed to plead guilty to federal corruption charges. In an agreement filed Thursday in U.S. District Court in Indianapolis, Craig Nichols pleaded guilty to one count each of wire fraud and money laundering. Nichols faces a maximum of 20 years in prison and a fine of up to $250,000 on each count.
Daniel Benson, the former chief operating officer of American Senior Communities, was sentenced Friday to nearly five years in federal prison for his role in a massive kickback scheme at Indiana’s largest chain of nursing homes. Indiana Southern District Court Judge Tanya Walton Pratt sentenced Benson to a 57-month sentence as part of a plea agreement.
A former financial adviser who admitted to defrauding former Indianapolis Colts defensive end Cory Redding out of $4.7 million was sentenced Friday to seven years in federal prison. Kenneth Ray Cleveland received the punishment after pleading guilty to federal fraud and money laundering charges.
A husband and wife from central Indiana who pleaded guilty to stealing more than $1.2 million in merchandise from online retail giant Amazon have been sentenced to more than five years in prison each, federal prosecutors announced Monday.
Five central Indiana residents — including the owners of three local companies — have been charged along with a Detroit man with embezzling more than $8 million from a bank and an insurance company, in part to pay for a home, a wedding, cars and more.