Former Cummins employee sentenced to prison in $4.8M fraud case
A former Cummins Inc. employee has been sentenced to more than five years in federal prison for stealing more than $4.8 million from his employer over a nine-year period.
Wire Fraud
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7th Circuit affirms prison sentence for ex-Lake County sheriff Buncich
A former Lake County sheriff convicted of wire fraud and bribery will not have his 12-plus-year federal prison sentence reduced after the 7th Circuit Court of Appeals rejected his appeal.
Former Banc-Serv exec sentenced to more than 5 years in prison
A federal judge on Thursday sentenced former financial executive Kerri Agee, 46, of Noblesville to five years and eight months in prison for her role in a 13-year fraud scheme at the financial services firm she once owned.
Westfield man sentenced for stealing $270K from employer
A Westfield man accused of operating a years-long scheme to defraud hundreds of thousands of dollars from the ophthalmology practice where he worked has been sentenced to 30 months in prison, federal authorities announced Thursday.
Indianapolis man found guilty of securities fraud
An Indianapolis businessman who was accused of taking part in a Ponzi-like scheme that robbed numerous investors of their retirement savings has been convicted of conspiracy to commit securities fraud and wire fraud, federal authorities announced Monday.
Ex-NFL players plead guilty to health care fraud scheme
Former NFL players Clinton Portis, Tamarick Vanover and Robert McCune pleaded guilty for their roles in a nationwide health care fraud scheme and could face years in prison, the U.S. Department of Justice announced Tuesday.
Defendants found guilty on all charges in Banc-Serv fraud trial
A jury has delivered guilty verdicts on all charges against the former officers and employees of a now-defunct financial services firm in Westfield.
Westfield man sentenced to 5 years in fraud, money-laundering scheme
A federal judge has sentenced a Westfield businessman to five years in prison in connection with a Ponzi-style scheme in which he induced 100 individuals to sink more than $11 million into his companies.
Fraud trial begins for five former directors, employees at Westfield financial firm
A federal fraud trial involving several former officers and employees of a now-defunct financial services firm in Westfield began on Monday.
7th Circuit reverses conspiracy convictions for trustee’s administrative assistant in official misconduct case
The administrative assistant to the former Calumet Township Trustee who pled guilty to federal charges has had her own convictions related to wire fraud reversed after the 7th Circuit Court of Appeals found she should have been granted a mistrial on Fourth Amendment grounds.
AP source: Ponzi schemer Bernie Madoff dies in prison
Bernie Madoff, the financier who pleaded guilty to orchestrating the largest Ponzi scheme in history, died in a federal prison early Wednesday, a person familiar with the matter told The Associated Press.
Evolving law addresses coverage after hack
In what one justice described as an “emerging area of law,” the Indiana Supreme Court recently issued an opinion that insurance lawyers say provides, for the first time, concrete guidance in Indiana on how far computer fraud insurance can extend against hacks.
Judgment for state against insurer in Lawrenceburg official’s theft reversed
The Indiana Attorney General’s Office waited too long to file claims under a crime insurance policy after a former Lawrenceburg city official absconded with more than $40,000 in misappropriated public funds, the Indiana Court of Appeals ruled Thursday, finding for the insurer and reversing a trial court judgment in favor of the state.
Indianapolis businessman pleads guilty in $11M Ponzi-style investment scheme
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.
Indiana woman admits spending $86K in public funds on self
A Jay County woman has pleaded guilty to diverting more than $86,000 in public funds and spending it on personal indulgences during her time as a township trustee.
Trump pardons ex-strategist Steve Bannon, dozens of others
President Donald Trump pardoned former chief strategist Steve Bannon as part of a flurry of clemency action in the final hours of his White House term that benefited more than 140 people, including rap performers, ex-members of Congress and other allies of him and his family.
Feds seek 15-month prison term for former Whiting mayor
Federal prosecutors are recommending a 15-month prison sentence for the former mayor of Whiting, who pleaded guilty to fraud and a tax crime.
Hoosiers looking for new pets warned against online scammers
Hoosiers looking to find a new furry friend via the Internet need to watch out for scammers, the Indiana Attorney General’s office announced Thursday.
Sentencing set for ex-Whiting mayor over campaign fund misuse
A former northwestern Indiana mayor faces a January sentencing after pleading guilty to charges that he illegally used public campaign donations to cover gambling losses.
Whiting mayor, wife enter pleas in $250K campaign fund fraud
The mayor of Whiting has pleaded guilty to wire- and tax-fraud charges related to allegations he and his wife used more than $250,000 in campaign funds for gambling, paying credit card debt and other personal expenses, then filed false or misleading campaign reports or tax returns.