State News

Former Smithfield insurance agent facing new indictments

Posted November 4, 2009 5:23 p.m. EST
Updated November 5, 2009 3:01 p.m. EST

— A North Carolina insurance agent already accused of embezzling more than $168,000 from a 90-year-old woman and using the money for himself faces additional indictments.

The state Department of Insurance said Wednesday that Charles Mark Hall, 50, of 422 S. Second St. in Smithfield, faces 12 additional embezzlement indictments and two indictments of exploiting disabled or elder trust.

Department spokeswoman Kristin Milam says the additional indictments involve 12 different victims, and losses are estimated at $2.6 million.

Hall, who owned Market Street Advisors in Smithfield, surrendered his license in September.