|Yeah, it usually doesn't end well for guys |
with artwork of themselves.
Earlier this evening, Durham was found guilty on 12 felony counts stemming from his defrauding of investors of his Fair Finance company. In all, over 5,000 investors were defrauded of over $200 million. Two other of Durham's partners were also found guilty of eight and five felony counts, respectively. Durham will be facing a very long prison term.
It was just a short time ago that Durham was flaunting his wealth from his office at the top of the Chase Bank Tower. It was prime real estate. Durham lived large and wasn't shy about it. He liked hobnobbing and rubbing elbows with the rich and famous. That included large political campaign donations. The problem is that he largely earned that money by bilking his company's investors. Sadly, WIBC reported that those investors likely won't get any of their money back.
U.S. Attorney Joe Hogsett had the following statement about the conviction of Durham.