INDIANAPOLIS (AP) -- An Indiana financier and former chief executive of National Lampoon convicted of swindling investors out of $200 million says he can't afford to hire an attorney for his appeal.
Timothy Durham says in federal court documents that his multimillion-dollar Indianapolis home is in foreclosure and all of his financial assets are tied up in the bankruptcy of companies he formerly controlled.
Durham says his only recent income was $6,000 that he received this year as a director of a Dallas-based insurer.
Durham was sentenced to 50 years in prison last month on securities fraud and other convictions in the collapse of Akron, Ohio-based Fair Finance.
The attorney who defended Durham at trial says the appeal will likely include defense arguments that an FBI wiretap of Durham's cellphone was illegal.