Connect with us

Indianapolis, IN

Tim Durham seeks freedom and his victims lash out

Published

on

Tim Durham seeks freedom and his victims lash out


INDIANAPOLIS (WISH) — It’s known as one the biggest monetary scams in Indiana historical past. The person on the heart of the $200M scheme, Tim Durham, needs out of federal jail. 

That story has now sparked outrage amongst lots of his 5,000 victims. Now they’re reaching out to I-Staff 8.

Tim Durham and his companions cheated greater than 5,000 traders. Lots of them misplaced their whole life financial savings.

Don Russell and household misplaced $470,000 to Durham, and to say he’s bitter can be an understatement.  

Advertisement

“I hope you rot in jail my pal. I say you took my mom and also you don’t perceive that,” Russell mentioned. 

 Don Russell contacted me after our story final week about Tim Durham. 

Russell instructed me his mom died 29 days after the FBI raided Durham’s Truthful Monetary workplaces in Ohio. His 82-year-old mom had $125,000 with Durham. It was her life’s financial savings.  

“She type of went out of her thoughts just a little bit and mentioned ‘oh my cash, my cash’. She simply couldn’t take care of it as a result of it was all she had you recognize,” Russell mentioned.

The lack of his mom’s cash weighs heavy on Russell. He mentioned he suggested his mom to spend money on Truthful Monetary. On the time, the corporate had a 9% fee of return and a strong popularity.  

Advertisement

“However then she misplaced all of it you recognize. It was devastating to look at her undergo this. She simply had no will to reside after this occurred,” Russell mentioned. 

In accordance with federal prosecutors, Durham and his companions used the corporate to fund a lavish life-style of quick vehicles and large homes. In accordance with the Indiana Election Division, Durham donated greater than $750,000 to Indiana republican campaigns. The cash purchased affect and a seat on the desk with a quick crowd. Russell and his spouse misplaced $350,000, and the lack of that cash is consuming him alive. 

“I can be so consumed by one thing for therefore lengthy, like I mentioned, by not turning lack of it. It has affected my well being. I used to be wholesome for lots of years, I ran and had been figuring out. I’m on the level now the place I can hardly stroll throughout the room with out being out of breath, and I attribute all of this to him. I want to thanks very a lot Tim for actually affecting my world,” Russell mentioned. 

He instructed me this morning his household has recovered lower than $40,000 from Durham and his companions. The courts returned $18M or 9% of the cash Durham and his companions cheated out of traders.   

“It’s been an actual battle you recognize. It’s devastating to have one thing like this occur. I’ve by no means been by way of something that may evaluate to this for the final 13 years,” Russell mentioned.

Advertisement

Tim Durham has the remainder of the week to persuade a federal choose {that a} collection of errors by his legal professional are the one purpose he was convicted and sentenced to 50 years, and that he needs to be let out as quickly as doable.  

It might take the federal choose a number of weeks to render a call.  





Source link

Advertisement
Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Indianapolis, IN

Wilson York Breaks 13-14 Boys NAG With 2:15.11 200 Breaststroke In Indianapolis

Published

on

Wilson York Breaks 13-14 Boys NAG With 2:15.11 200 Breaststroke In Indianapolis


2024 NCSA SUMMER CHAMPIONSHIPS

Wilson York of Lakeside Swim Team in Kentucky swam to a new boys 13-14 national age group (NAG) record in the LCM 200 breast. York swam to a 2:15.11, getting under Ethan Dang‘s record of a 2:15.84 from 2016.

Prior to Dang, the record was held by Reece Whitley who swam a 2:16.48 in 2014, a time that still sits at #2 all-time for the age group. Dang now swims at Stanford while Whitley went on to swim for Cal.

Split Comparison

York Dang
100 1:06.22 1:04.99
200 1:08.89 1:10.85
2:15.11 2:15.84

York was out much slower than Dang was but was able to only have a two second fall-off in the race. York dropped a significant amount of time in the race as he entered with a 2:18.08 from January’s Pro Series stop in Knoxville. That time previously sat at #4 all-time in the age group.

York has had a busy week of competition in Indianapolis and has his last individual race with the 200 IM tomorrow. He notably swam the 100 breast earlier this week with a 1:03.77 in finals, exactly half a second off his 1:03.27 entry time.

Advertisement





Source link

Continue Reading

Indianapolis, IN

Josh Downs expects big jump in second year with the Colts

Published

on

Josh Downs expects big jump in second year with the Colts


WESTFIELD, Ind. (WISH) — Josh Downs dazzled in the wide receiver footwork drills, making cuts that were on another level compared to the rest of the group.

He rifled his feet through the ladder.

And on Saturday’s practice, him and Anthony Richardson connected for a nice pass and catch down the sideline between two defenders.

Downs has been impressive at training camp and got off to a good start in his first year, hauling in 68 receptions on 771 yards and two touchdowns, but he expects more this year.

Advertisement

“Year one to year two, it’s always been a big jump for me,” Downs said. “High school, college, it was both the same.”

He’s not exaggerating. In his freshman year at North Carolina, he had seven catches for 119 yards. That skyrocketed to 101 receptions for 1,335 yards in his sophomore year. His touchdown count also jumped from three to eight.

Offensive coordinator Jim Bob Cooter agrees with Downs’ confidence. He’s been impressed with Downs so far at training camp, and thinks he’s learned a lot from his first year in the league.

“Josh (Downs) is going to make the most of that from a route running perspective from a defensive coverage identification perspective,” Cooter said. “Josh (Downs) is primed and ready to have a big camp out here and do some really good things.”

Downs is processing the game better this year. He said he’s not thinking about the route he’s running as he gets set up at the line of scrimmage. Instead, he’s analyzing the defense and determining what coverage they’re in.

Advertisement

Someone that has helped him with this is cornerback Kenny Moore II. Downs considers Moore II to be at the top of his position in the NFL. He said Moore II is really smart and likes to mix it up with Downs when they’re matched up together, disguising whether he’s in man coverage or zone coverage.

Downs says he has the best slot receiver job in the league because he gets to go up against Moore II every day.

Downs has also been building his chemistry with Richardson. It’s now getting to the point where they’re running plays that aren’t in the playbook.

“We’re seeing different plays, it might not be in the playbook,” Downs said. “He’ll (Richardson) be like, ‘hey, JD, do you see this? Do that.’ I’m like, ‘I was thinking the same thing.’”

“I know Anthony (Richardson) trusts me. I trust him. We’re clicking before practice, after practice, even off the field. That’s my dog,” Downs said.

Advertisement

The Colts return to practice on Sunday at Grand Park from 4 p.m. – 5:30 p.m.



Source link

Continue Reading

Indianapolis, IN

PHOTOS | Indy sneakerheads line up for the new Air Jordan 4

Published

on

PHOTOS | Indy sneakerheads line up for the new Air Jordan 4


The Wet Cement edition of the the Air Jordan 4 dropped Saturday morning and about a dozen people waited for the shoes outside the Corporate store in downtown Indianapolis. The first person in line told News 8 that they got in line at 7:30 a.m. for a 10 a.m. release. The “Wet Cement” Air Jordans retail for $225. (WISH Photo/Colin Baillie)

1 / 7



Source link

Advertisement
Continue Reading
Advertisement

Trending