A Dayton financial advisor has received a 128-count indictment for securities fraud.
Prosecuting Attorney Mat Heck announced John Schmidt, 67, of Bellbrook has been indicted on 128 felony counts related to securities fraud during his career as a financial advisor.
Schmidt operated Schmidt Investment Strategies Group, located on Paragon Road in Washington Township. He was also employed by Wells Fargo Advisors Financial since 2006, according to a release.
