Correction: Indiana-Financier Indicted

AP News
Posted: Mar 18, 2011 8:03 AM

In a March 16 story about the arrest of former Indiana businessman Timothy Durham on securities and wire fraud charges, The Associated Press, relying on incorrect information provided by a National Lampoon magazine spokeswoman, reported erroneously that Durham was the magazine's chief executive officer until his arrest. Spokeswoman Cora Victoriano said Thursday that Durham is still the magazine's CEO.