A federal jury will now decide whether an Indianapolis businessman and his partners raided an Akron finance company after they bought it, bilking mostly elderly investors out of more than $200 million.
Jurors began deliberating Wednesday morning in the fraud trial of Tim Durham, his business partner and his accountant.
Deputy U.S. Attorney Winfield Ong said the evidence shows that Durham and his partners raided Fair Finance to enrich themselves and their friends and to prop up Durham's other struggling businesses.
But Durham's defense attorney, John Tompkins, insisted the men simply made bad business decisions in the midst of the bewildering economic crisis of 2008. He said prosecutors presented isolated facts to make it appear that Durham was guilty of fraud when no fraud actually occurred.
Before the case was given to the jury, Tompkins asked for a mistrial based on statements made by an attorney representing Durham's partner, who said he believed that fraud had been committed.
The request was denied, but it sets up grounds for an appeal.
Durham did not testify at the trial.
FOREX-Dollar edges higher after Fed announcement - Reuters UK
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Triadformula.com says Forex trading is better than any other types of investments - PRLog (free press release)
Financial Experts say Forex trading is considered as the best form of financial commitment. Here are some of the reasons that make it better than trading and other types of investments. Compared to shares and futures trading industry, Forex trading includes restricted risk. The industry is less unpredictable and if the forex currency trading is managed properly, there can be no or lowest drops. This is because forex currency trading is not determined by just one company or person. It is determined by the overall economic health of the country.
Triadformula.com says “In the forex currency trading, you cannot lose more money than you actually have in your trading consideration. You get an edge call if the amount required by your consideration surpasses the limit required by your consideration.”
Talking about triad trading formula expert say “Trading is straightforward “. Adding to this expert say “Though there is a multitude of different foreign exchange, you need to focus only on four major currency sets. In inventory industry marketplaces, there are over a large number of shares to business on. For a newbie, trading can be frustrating and time-consuming. But, forex currency trading needs less research and is very fast to get started with.”
Forex trading committing occurs very immediately and at almost whenever of the day or night. The industry is open 24 hours a day and 7 days a week. You can business almost at any time and from anywhere you want. With online forex currency trading systems, creating financial commitment in forex has become all the more fast and practical.
In forex currency trading, there are no middle men or providers. You can carry the trading on your own. In trading, you have to go through a broker which not only decelerates the advance, but also costs you much. In forex currency trading committing, you are free to take away all the income that you earn by creating financial commitment in forex.
One the forex trading gurus, Jason Fielder, has just released “triad trading formula 2.0." This publication will be a valuable resource for those who want to get into forex trading and need to know exactly where to start. It gives detailed information on how the market operates, gives examples and scenarios, and defines terms and jargon. This will be a good foundation for the new investors to be able to participate in foreign currency trading.
The recent news which highlighted these days is “Triad Trading Formula from Jason Fielder is in pre-launch to re-open once again to the public. “
Triad Trading Formula Review
Jason Fielder provides three exclusive videos for those who are knew to forex trading and who want to better understand the "60:30:10" principle. These videos show the principle in action and also demonstrate some real-life trading scenarios. Jason Fielder's "Triad Trading Report" can be obtained free of charge for a short period of time.
For details visit: - http://www.forextradingcoursereviews.com/
Forex Flash: BoE Minutes to clarify Funding for Lending and £5bn auction – TD Securities - FXStreet.com
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