Saturday, January 21, 2012
Fair Finance Trustee Sues Durham's Mother And Attorneys To Recover Money For Defrauded Investors
The bankruptcy trustee for Fair Finance has filed dozens of lawsuits against businesses and individuals it claimed received transfers of money from indicted Ponzi schemer Tim Durham in fraud of the company's investors. One of the largest lawsuits is against Durham's mother, Mitza Durham, claiming that Durham transferred more than $831,000 to her without any consideration. The trustee is also suing prominent Indianapolis law firms that took retainer fees from Durham, including high profile criminal defense attorney Jim Voyles and Rubin & Levin. Voyles is being sued for $25,000, and Rubin & Levin is being sued for $40,000. The Sanders Group, a local media company, is being sued for $30,000. Other individuals being sued by the trustee to recover money transferred to them include James Pace ($135,000), Cindy Landeen ($140,000), Scott Solem ($84,000), Erica Jiles ($33,000), Colleen Barone ($152,000) and Robert Shoemake ($26,000).