Shelby County Woman Indicted on Fraud Charges
Chandra Snapp faces 54 counts including securities fraud and theft in connection with an alleged investment scheme; the case is undecided.
2 reports on this incident · first at Aug 29, 2026, 5:25 a.m. ET
Earlier reports
Aug 29, 2026, 5:25 a.m. ETFirst report
Shelby County Woman Charged in Investment Fraud Case
Chandra Snapp, 38, has been charged in connection with an alleged investment fraud scheme, the Shelby County Prosecutor's Office announced on August 29, 2026. The charges include six counts of misrepresentation in the sale of securities, six counts of securities fraud, seven counts of sales of unregistered securities, one count of engaging in a pattern of corrupt activity, four counts of telecommunications fraud, one count of money laundering, nine counts of passing bad checks, five counts of forgery, two counts of aggravated theft, three counts of grand theft, three counts of theft, one count of tampering with evidence, and two counts of receiving stolen property, as reported by thevwindependent.com.
The government alleges that Snapp solicited more than $400,000 in investments for her small sewing business and in gift cards, promising substantial short-term profits, according to thevwindependent.com. The Shelby County Sheriff's Office is investigating the case.
An indictment is a formal charge and is not a finding of guilt. The case is undecided and has not been resolved. Snapp is presumed innocent until proven otherwise.
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Sources
- Shelby Co. woman indicted for fraud « The VW independentthevwindependent.com
Revision history
- Version 129 Aug 2026, 09:53current
First published.
- Version 129 Aug 2026, 09:25current
First published.
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