Man faces 20 years; other investor’s trial set for February

A Trafalgar man who state investigators said operated a shell company that collected $1.6 million in investments from residents pleaded guilty to three felony charges Monday.

Martin D. McClary, 47, 8716 S. County Road 250W, pleaded guilty to three of the 23 charges he was facing in the case.

Those felony charges include one charge of securities fraud involving a person 60 years or older, a Class B felony, and two Class C felony charges of broker-dealer violations and securities fraud.

This story appears in the print edition of Daily Journal. Subscribers can read the entire story online by signing in here or in our e-Edition by clicking here.

All content copyright ©2015 Daily Journal, a division of Home News Enterprises unless otherwise noted.
All rights reserved. Click here to read our privacy policy.