Durham was found guilty in 2012 for running a Ponzi scheme that defrauded more than 5,000 investors through his Akron, Ohio-based company, Fair Finance.
Highland TH and Overseas Lease Group claim Terre Haute agreed to pay 240 monthly payments of over $700,000 for sludge-drying purposes.
Prosecutors say Tim Durham and his associates are flight risks and should be imprisoned until they're sentenced.
Federal prosecutors wrapped up their case Monday against a prominent Indianapolis businessman accused of stealing $200 million from Ohio and Indiana investors.
The jury in the Tim Durham trial may begin its deliberations by the end of the week.
A federal jury in Indianapolis will hear opening statements this morning in the trial against Indianapolis businessman Tim Durham.