Ex-pastor sought in multimillion-dollar fraud

INDIANAPOLIS – A former pastor and his sons were charged with securities fraud Tuesday in what officials said was a multimillion-dollar scheme aimed at church members who thought they were helping build churches but were actually buying the men planes and sports cars.

The secretary of state’s office said arrest warrants were issued for Vaughn Reeves, 65, and three of his sons charged each with 10 felony counts. Each man could face two to eight years in prison on each count if convicted.

None of the men were in custody as of Tuesday. The charges were filed in western Indiana’s Sullivan County, where Reeves formerly lived. U.S. marshals were tracing their whereabouts, said Jim Gavin, a spokesman for Secretary of State Todd Rokita.