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  • The Tim Durham Files
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Report: Several high-end cars being taken from Tim Durham estate

Updated: Wednesday, 30 Jun 2010, 10:33 PM EDT
Published : Wednesday, 30 Jun 2010, 3:22 PM EDT

FISHERS, Ind. (WISH) - Chopper 8 images showed several high-end cars lined up at the estate of troubled businessman Tim Durham estate Wednesday afternoon.

Two tipsters called 24-Hour News 8 Wednesday to report that the vehicles were being repossessed from the property located near 113th & Olio Road.

Durham's attorney said the cars are being surrendered voluntarily to the FBI in order to get the cars to a trustee in Cleveland.

Last week, 24-Hour News 8 reported that the FBI confiscated from a downtown lot multiple cars owned by Durham .

Earlier this month, 24-Hour News 8 broke the story of Durham secretly trying to sell his Geist-area home for $5.5 million.

Meanwhile, Durham's Ohio company, Fair Finance, is being investigated as a Ponzi scheme. The Durham investment scandal has included an FBI raid on his downtown office, moving vans at his Geist home and investors out millions of bucks.

Durham owes at least $50,000 in back taxes on the Geist home and an I-Team 8 Investigation in March found that the home has a mortgage of $3.5 million and a line of credit up to a $1.5 million.

This is a developing story. More information will be added momentarily.


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