Ponzi scheme trial
Jury selection begins today in Timothy Durham’s securities and wire fraud trial in U.S. District Court in Indianapolis. Opening arguments are expected to begin Monday. Durham, 49, and two partners are accused of running a Ponzi scheme to defraud about 5,000 investors in Ohio-based Fair Finance Co. of more than $200 million.
Durham has ties to northeast Indiana, where he was once a board member for the Auburn Cord Duesenberg Automobile Museum. A Virginia man sued the museum and Durham in 2009, over the sale of a multimillion-dollar 1930 Duesenberg at an auction.
Top court approval declines
A New York Times/CBS News polls places finds job approval ratings for U.S. Supreme Court justices beginning to mimic those of members of Congress. Just 44 percent of Americans approve of the job the court is doing and about 75 percent believe the justices’ personal or political views sometimes influence their decisions.