A detention hearing for Tim Durham will be held Monday.
The embattled financier was found guilty of 12 felony counts in a federal fraud case Wednesday. The verdicts for Durhman's co-defendants were mixed, however.
Durham and his two co-defendants, James Cochran and Rick Snow, faced 12 counts, including 10 counts of wire fraud, one count of securities fraud and one count of conspiracy to commit wire fraud and securities fraud.
At the hearing, prosecutors will argue that Durham and his partners should remain in custody leading up to their sentencing. That should happen in the next 90 days.
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Durham and his associates are being held in the Marion County Jail until then.
Durham faces a maximum of 225 years in prison and could be ordered to pay thousands of dollars in fines.
