The attorney for an Indianapolis businessman convicted of bilking investors out of $200 million says the government’s recommended sentence of 225 years is unreasonable.
John Tompkins, who represents financier Tim Durham, filed an objection with the federal court in charge of the case Wednesday. He says the sentencing recommendation greatly exceeds any similar cases.
“It outrageously overstates the severity of the offense,” he says. “Just as a couple of comparisons, Bernie Madoff actually stole, admitted he stole, 60 times; six zero times the amount of money and received a 150 year sentence.”
The U.S. Attorney declined to comment on the case.
Durham is scheduled to be sentenced November 30 in federal court. He was convicted on 12 felony counts including wire fraud, securities fraud, and conspiracy to commit wire and securities fraud.
Tompkins says he plans to file an appeal of the conviction after the sentencing.