Indiana
Firm chosen to seek potential wrongdoing of Indiana Economic Development Corp.
INDIANAPOLIS (WISH) — An independent forensic audit of the Indiana Economic Development Corp. that Gov. Mike Braun ordered nearly a month ago will be done by Washington, D.C.-based FTI Consulting, the governor’s press secretary said Wednesday.
As WISH-TV first reported in April, the audit will examine the finances of the Indiana government’s business development arm, including its relationship with Indianapolis-based venture capital firm Elevate Ventures.
The process should take from 6 months to 12 months. The Indiana Economic Development Corp. (IEDC) will fund the audit.
A statement from the governor’s press secretary, Griffin Reid, about the hiring of FTI Consulting did not provide information on how much the audit will cost the state.
Reid’s statement, however, said that FTI Consulting, known for its expertise in conducting audits for both public and private entities, will work in cooperation with the IEDC and the Indiana Office of Inspector General.
FTI Consulting was formerly known as Forensics Technologies International. It’s been involved in the Lehman Brothers bankruptcy, the fraud investigation of financier Bernard Madoff, and the steroids probe in Major League Baseball.
The IEDC audit aims to uncover any potential wrongdoing within the state agency and its affiliated entities. Braun’s decision followed detailed reporting that raised questions about how Elevate Ventures operates and manages public funds.
The governor has previously emphasized that the audit is part of his commitment to transparency, a key aspect of his election campaign.
Elevate Ventures, created in 2011 by former Republican Gov. Mitch Daniels, manages $245 million and has invested over $189 million into more than 600 startup companies. CEO Christopher Day has stated that the firm is eager to participate in the audit to address any factual inaccuracies and misrepresentations.
Braun’s audit announcement in April coincided with a revision to the state budget that included a significant cut of 25%-30% for the IEDC, the largest reduction among state agencies.
Previous WISHTV.com reporting contributed to this story.
On this episode of “Week in Review,” we cover the Indiana gambling case, the Bears’ 2026 schedule release and the Bulls landing the No. 4 draft pick. We also look at Jim’s Original moving after 85 years and Chicago Fire FC’s new McDonald’s Park stadium name. Plus, Cole Kmet joins Cop on a Rooftop, a White Sox phenom goes one on one and more top stories from around Chicago.
FORT WAYNE, Ind. (WANE) — More than 50 Indiana law enforcement agencies are taking to the roof to help local athletes.
Police and safety officers will be stationed around various Dunkin’ Donuts, taking up donations for the Special Olympics. People who monetarily donate will receive a coupon for a free donut. Those who donate $10 or more will receive a coupon for a free medium hot coffee.
“Supporting the Special Olympics isn’t just an event for us — it’s a commitment to people who inspire us every day,” Sergeant Wes Rowlader said. “These athletes show what determination, courage, and community truly look like. Every dollar we raise helps transform that spirit into training, competition, and lifelong confidence.”
More than 20,000 Hoosier athletes train and compete for free within the Special Olympics. To date, Cop on a Rooftop has raised more than $125,000 for Special Olympics Indiana.
The Indiana State Police will be at the Dunkin’ Donuts at 9821 Lima Road in Fort Wayne from 5 a.m. to 12 p.m. on Friday.
A man’s family is demanding answers after he was shot by a security guard inside a hospital emergency room waiting area on Tuesday night in Gary, Indiana.
Methodist Northlake Hospital officials said, around midnight Tuesday night, its security staff responded quickly after a patient took out a gun. The hospital said he’d threatened to shoot himself or others.
The hospital commended the security guard who shot the man for “neutralizing the threat and helping ensure the safety of our patients and employees.”
Family members identified the man who was shot as Otis Brown. They said he is a kind father to a 12-year-old boy.
“Just a great person, a happy-go-lucky, always out there trying to do the right thing,” said his fiancée, Stacey Taylor.
Taylor said she was on a business trip when she got a call that Brown had been shot multiple times.
“Scared, uncertainty; you know, what story is right? You know, what happened?” she said.
After he was shot, Brown was taken to University of Chicago Medical Center for treatment.
Taylor said she had no idea why Brown went to Methodist Northlake Hospital in the first place. His family said he was trying to leave the hospital when the shooting happened, claiming that the hospital gave him his gun back after he was cleared to leave.
“We just want to get answers, just want to know what happened, particularly when people are defaming his name,” Taylor said.
She and Brown’s family hope the hospital has surveillance video footage that can help provide answers.
Gary police have not provided any details on the shooting. The Lake County Sheriff’s Department said it is investigating the shooting at the request of Gary police, but did not provide any further information.
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