New on CNBC’s American Greed: Tim Durham
“‘The Playboy of Indiana,’ Tim Durham dates exotic models, owns 80 sports cars, all bankrolled by a $200 million fraud.”
Before the FBI raided the Tim Durham’s Chase Tower office, the notorious Indy financier loved to playboy his way around Miami. He invited IM along in 2008 when we first profiled him. Here’s how to live the high life in South Beach without the spoils of an alleged Ponzi scheme.
A federal jury found Indy financier Tim Durham guilty on 12 counts of fraud on June 20, 2012, and on Nov. 30, a federal judge sentenced him to 50 years in prison for milking Ohio investors of $250 million. Here’s our story and an album of photos taken before the ruling passed down on this Ponzi schemer.