INDIANAPOLIS - The last refund checks to investors who lost millions in what amounted to a religious Ponzi scheme are ready to be mailed after being tied up in court for nearly a decade.
Court-appointed receiver Michael Rusnak says about $2 million in repayments is expected to be mailed by Sept. 15 to investors in Alanar, an Indiana brokerage that scammed investors into buying bonds to help churches that also were scammed.
It's the final installment in about $60 million in repayments to more than 6,000 investors, many of whom sank their life savings into the company that used a religious sales pitch. Most of them get back about half their money.
The case began in 2005, when the government froze Alanar's assets. Founder Vaughn Reeves Sr. was sent to prison.
The first of three Indiana gubernatorial debates took place at Lawrence North High School Tuesday morning.
The Indianapolis Colts placed Trent Cole on injured reserve, ending his season and possibly his tenure in the blue and white.
Two people were arrested after stealing a car and crashing it while fleeing, police say.
A body found in Fort Wayne, Indiana is related to Monday's Amber Alert for two children, according to 21alive in Fort Wayne.
A woman was found dead by the side of a road Monday night on Indianapolis' southeast side.