GOP Fundraiser Busted for Ponzi Scheme

A prominent GOP fundraiser was charged Wednesday with defrauding 5,000 investors of more than $200 million through a Ponzi scheme. Timothy Durham took $54 million for himself, using it to build a 45-car garage at his Indianapolis house and to keep a four-bedroom yacht in Miami. Durham gave more than $800,000 to the GOP and candidates in Indiana, including $200,000 to Indiana governor and 2012 presidential hopeful Mitch Daniels.