( Mason ) - Ohio State Representative Pete Beck, a certified public accountant, was indicted last week in an alleged investment scheme. His attorney states that charges against his client are unfounded and the lawmaker has no plans to resign his legislative seat.

Hamilton County Prosecutors and the Ohio Attorney General's Office say the legislator deceived investors about a company's financial status and used their money for personal gain, including his political campaign.

Beck has been charged with 16 felony counts, including theft and fraud, and could face up to 102 years in prison if convicted.

Ohio House Speaker Bill Batchelder and the head of the Ohio Republican Party have both said that even though Beck is innocent until proven guilty, he should resign to deal with these accusations.