A federal judge hands down a sentence against financier and convicted felon Tim Durham in Indianapolis Friday.
Durham was convicted of 12 charges against him, after he defrauded investors out of at least $208 million.
Prosecutors have asked for a 225-year sentence, while Durham's defense attorney has asked for five years imprisonment, according to our partners at the Indianapolis Business Journal.
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Durham, James Cochran and Rick Snow were convicted of playing various roles in the scheme, which included using money from the company Fair Finance to pay for their own yachts, airplanes, luxury cars and more.
Cochran faces a potential 145-year sentence and Snow faces 85 years. All three have sentencing scheduled Friday.
Check back for updates to this story. We'll bring you the very latest on the sentencing as soon as the judge makes the final decision public.
