Two years after its creation, Indiana’s Securities Restitution Fund – which provides relief for victims of investment scams – paid out its first check, and Secretary of State Connie Lawson says there should be more to come.
A major reason why it took two years for a single check to be issued from the fund is timing: to be eligible for relief, the scam must have taken place on or after July 1, 2010. That's the date the law creating the fund took effect.
Secretary Lawson says the time between the crime and when the victim gets relief can be lengthy.
Democratic gubernatorial candidate John Gregg Thursday unveiled an eight-point plan aimed at increasing the state’s total exports by 50% in five years.
Gregg applauded the work of Gov. Mitch Daniels in expanding Indiana’s global presence and says as governor, his policies would further that work.
They include coordinating statewide export strategies, developing tax incentives for Hoosier businesses that export at least 75% of their products and creating an export innovation fund that would provide money to trade associations and private businesses.