The Court of Appeals affirmed Tim Durham’s conviction for conspiracy to commit wire fraud and securities fraud, but vacated two of the 12 individual wire fraud counts Tim Durham was convicted of, and remanded the case for a resentencing.
Durham was arrested in 2011. On June 20, 2012; an Indianapolis jury convicted Durham of 10 counts of wire fraud, one count of securities fraud, and one count of conspiracy to defraud. On November 30, 2012; he was sentenced to 50 years in prison–at his age, effectively a life sentence.
They received the following sentences: Tim Durham: 50 years; Upon completion, 2 years supervised release. James Cochran: 25 years; Upon completion, 3 years supervised release. Rick Snow: 10 years; Upon completion, 2 years supervised release.
Timothy Shawn "Tim" Durham Sr. (born 1962) is an American lawyer and financier convicted in 2012 of the largest white collar crime in Indiana history. His investment firm Obsidian Enterprises invested in a number of companies, including wireless device company BrightPoint and comedy brand National Lampoon, Incorporated, where Durham served as CEO.
Durham is scheduled to remain in a federal prison until 2055 after a federal jury convicted him and two business partners in 2012 of charges including securities fraud, wire fraud and conspiracy.
Joan SerVaasTim Durham / Spouse (m. 1989–1998)
Timothy Shawn Durham Sr. (born 1962) is an American lawyer and financier convicted in 2012 of the largest white collar crime in Indiana history.
In his 1993 trial, prosecutors presented unvalidated forensic evidence that allegedly pointed to Durham. An analyst testified that he had compared hairs from the crime scene with Durham's hair and found similar characteristics that he had seen in "less than 5 percent" of hair samples he had examined. There is not adequate empirical data on the ...
Timothy Durham spent over three and a half years in prison for a rape he did not commit. He had maintained his innocence from the beginning of his ordeal. He awarded $50,000 in compensation for injuries suffered during beatings by other inmates, but no compensation was availlable for the wrongful conviction.
On May 31, 1991 an eleven-year-old girl was violently raped and sodomized by the pool of her Tulsa, Oklahoma residence. Two years later, Timothy Durham was wrongfully accused and convicted of the crime.
Fair Finance fraud felon Tim Durham will get a chance to grill his former trial attorney over whether his $1 million wire fraud defense representation fee created a conflict of interest between money the lawyer could pocket versus paying for witnesses Durham claims could have testified in his favor.
Most of Durham’s dozen grounds in his petition were rejected by Northern Indiana District Judge Robert Miller Jr., sitting by designation on Durham’s case in the Southern Indiana District Court in Indianapolis.
Among other claims, Miller rejected Durham’s assertions that his lawyers failed to investigate or subpoena certain valuation experts, failed to effectively seek to suppress warrants and wiretaps, and failed to challenge the sufficiency of evidence presented by the government.