SOUTH BEND — An Elkhart man has admitted he defrauded investors of more than $300,000 in a years-long scheme.

Charles Ray Smith, 51, pleaded guilty to one count of wire fraud in U.S. District Court of Northern Indiana on Monday. He admitted that between 2016 and 2021 he fraudulently obtained $315,020 through fraudulent investment opportunities.

(0) comments

Welcome to the discussion.

Keep it Clean. Please avoid obscene, vulgar, lewd, racist or sexually-oriented language.
Don't Threaten. Threats of harming another person will not be tolerated.
Be Truthful. Don't knowingly lie about anyone or anything.
Be Nice. No racism, sexism or any sort of -ism that is degrading to another person.
Be Proactive. Use the 'Report' link on each comment to let us know of abusive posts.
Share with Us. We'd love to hear eyewitness accounts, the history behind an article.