Web Reference: Timothy Shawn Durham Sr. (born 1962) is an American former lawyer and businessman convicted in 2012 of the largest corporate fraud ever investigated by the Federal Bureau of Investigation in Indiana. [1] Dec 6, 2022 · Durham is scheduled to remain in a federal prison until 2055 after a federal jury convicted him and two business partners in 2012 of charges including securities fraud, wire fraud and conspiracy. May 31, 2022 · Tim Durham, nicknamed the Madoff of the Midwest, was sentenced to 50 years in prison in 2012 after a jury found him guilty of scamming investors out of more than $200 million in a Ponzi scheme.
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Last Updated: April 6, 2026
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