An Indiana financier and former chief executive of National …
Updated: Sunday, 13 Dec 2009, 9:52 PM EST
Published : Monday, 07 Dec 2009, 10:14 PM EST
INDIANAPOLIS (WISH) - Marion County Prosecutor Carl Brizzi is turning to his Facebook page to address some persistent questions involving his association with Indianapolis businessman Tim Durham.
Federal investigators say Durham mishandled money from the
companies he owns.
In a Facebook post, Brizzi echoes comments he made in
a 24-Hour News 8 interview last week --
Read the transcript . In the interview, he
described campaign financing provided by Durham.
"Tim's a friend and he helped raise a good bit of money and also contributed a lot of money as well," said the prosecutor.
The Facebook post details such contributions.
Brizzi wrote, "Over the course of the 4 years leading up to
my re-election, Durham contributed nearly $140,000 and in-kinded
event costs and transportation with a total valued at roughly
$30,000. In the last 3 years, he has contributed $2,500 and
in-kinded event costs valued at roughly $17,000."
Fair Finance is one of the Durham holdings under investigation. Brizzi joined Fair's Board of Directors in September.
On Facebook, Brizzi wrote, "I should have conducted greater due
diligence with regard to Fair Financial before agreeing to serve on
the board."
He described his regrets and concluded his Facebook message
much like he finished the 24-Hour News 8 interview, insisting that
he is focused on prosecuting criminals.
Brizzi also reported $7,500 he has in a company associated with
Durham. That company, CLST Holdings, is under investigation by the
Securities and Exchange Commission. Brizzi said he began buying
CLST stock in 2005 after discussing investments with friends and
financial advisers as part of his overall investment planning.
Police agencies from two different states teamed up to find a wanted man and …