Lawsuit: Convicted Ind. financier Durham stole $1M

By: Associated Press Email
By: Associated Press Email

A lawsuit filed in Los Angeles accuses former Indianapolis financier Tim Durham of embezzling $1 million from National Lampoon Inc. to pay the attorney who represented him on federal fraud and conspiracy charges.

The Indianapolis Star reports Durham, attorney John Tompkins and Tompkins' firm are defendants in the lawsuit that the company filed last week.

Durham was chief executive officer of National Lampoon from December 2008 until January 2012.

The 50-year-old Durham was sentenced to 50 years in prison in November after a jury convicted him of securities fraud, conspiracy and 10 counts of wire fraud. Prosecutors say he and two co-conspirators bilked investors in Akron, Ohio-based Fair Finance of $200 million.

Tompkins declined to comment on the case. A message was left seeking comment from Durham's new attorney.

Comments are posted from viewers like you and do not always reflect the views of this station.
powered by Disqus
WNDU - Channel 16 54516 State Road 933 South Bend, IN 46637 Front Desk: 574-284-3000 Newsroom: 574-284-3016 Email:
Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 195184021 -
Gray Television, Inc.