Fair Finance: Day 2
Investors check to see if doors open at the Fair Financial office on East Market Street on Monday, Dec. 7, 2009. (Phil Masturzo/Akron Beacon Journal)
A Fair Financial investor stops to read the sign on the door at the East Market Street office on Monday, Dec. 7, 2009. (Phil Masturzo/Akron Beacon Journal)
Tim Durham poses in his two-story garage of his Fortville, Ind. home that houses a collection of classic and exotic cars worth $30 million. (Photo by Tony Valainis/Indianapolis Monthly)
A prayer is taped to the door of Fair Financial office as investors arrived early this morning seeking answers at the East Market Street location only to find the doors still locked with no signs of activity inside . (Phil Masturzo/Akron Beacon Journal)
The Akron office of Fair Financial at 815 East Market Street was closed on Wednesday, Nov. 25, 2009, in Akron, Ohio. The office was raided by Federal investigators as part of a larger investigation. (Mike Cardew/Akron Beacon Journal)
A Fair Financial investor leaves the closed East Market Street building after stopping by looking for some answers from the institution on Monday, Nov. 30, 2009. (Phil Masturzo/Akron Beacon Journal)
Mike Carson of Cuyahoga Falls, an investor with Fair Financial, stops by the East Market Street office to see if the doors are open on Monday, Dec. 7, 2009. (Phil Masturzo/Akron Beacon Journal)
Investors check to see if doors open at the Fair Financial office on East Market Street on Monday, Dec. 7, 2009. (Phil Masturzo/Akron Beacon Journal)
A 2003 file photo of Tim Durham, chairman and CEO of Obsidian Capital.
A real estate photo advertising the property of Timothy Durham in Fortville, Indiana.
Ray Warner talks about what he lost after investing $40,000 in Fair Finance just two days before it collapsed. (Ed Suba Jr./Akron Beacon Journal)
Ray Warner sits near documents dealing with his investment in Fair Finance, while talking about what he lost after investing $40,000 with the company just two days before it collapsed and ended up in bankruptcy during an interview at his home on Tuesday, Oct. 19, 2010, in Ravenna, Ohio. (Ed Suba Jr./Akron Beacon Journal)
Ray Warner looks over documents dealing with his investment in Fair Finance. (Ed Suba Jr./Akron Beacon Journal)
Ray Warner talks about what he lost after investing $40,000 in Fair Finance just two days before it collapsed. (Ed Suba Jr./Akron Beacon Journal)
Ray Warner sits in the living room of his home and talks about what he lost after investing $40,000 in Fair Finance just two days before it collapsed. (Ed Suba Jr./Akron Beacon Journal)
Tom Ries talks about what he lost and how things in his life seem like a blur after losing $75,000 on investments with Fair Finance. (Ed Suba Jr./Akron Beacon Journal)
Tom Ries holds a sign advertising a promotion at an Akron Aeros game that he threw the first pitch out at that was sponsored by Fair Finance. (Ed Suba Jr./Akron Beacon Journal)
Tom Ries talks about what he lost and what his life has been like after losing $75,000 on investments with Fair Finance. (Ed Suba Jr./Akron Beacon Journal)
Tom Ries talks about what he lost and what his life has been like after losing $75,000 on investments with Fair Finance. The retired tire engineer used proceeds from the sale of a home to buy investment certificates from the company in 2009, hoping to use the money he earned to buy a retirement home in Florida. (Ed Suba Jr./Akron Beacon Journal)
An Atlas Van Lines moving van leavesg Timothy Durham mansion on Tuesday February 23, 2010. The FBI executed a raid on his downtown high-rise office of Obsidian Enterprises Inc. on Nov. 24, 2009.The agency was raiding another business in Akron, Ohio, at the same time, Fair Financial Services, Welch said in a statement. Timothy S. Durham, 47, an Indianapolis businessman, is is CEO of Obsidian Enterprises. (Photo courtesy Joe Vitti / Indianapolis Star)
The FBI executed a raid on the downtown high-rise office of a private holding company that invests in manufacturing and transportation industries on Nov. 24, 2009. About 2 p.m., agents with search warrants moved into Obsidian Enterprises Inc. on the top floor of the 48-story Chase Tower on Monument Circle, according to Michael S. Welch, FBI special agent in charge of the Indianapolis Field Office.
The agency was raiding another business in Akron, Ohio, at the same time, Fair Financial Services, Welch said in a statement. Timothy S. Durham, 47, an Indianapolis businessman, is CEO of Obsidian Enterprises. The FBI said the search warrants are sealed and it could disclose no information about them. (Photo Courtesy Alan Petersime/The Indianapolis Star)
An investor who declined to give his name, peers in the window at the Akron office of Fair Financial looking for some answers on Monday, Nov. 30, 2009, in Akron, Ohio. (Phil Masturzo/Akron Beacon Journal)
A parking sign has been altered by a frustrated customer at the Fair Finance office on E. Market Street on Monday, April 5, 2010. (Phil Masturzo/Akron Beacon Journal)