Baltimore financier pleads guilty to prostitution charge

BALTIMORE — A Baltimore financier accused of spending at least $90,000 for sex with women, including some of whom he supplied with drugs, has pleaded guilty to a prostitution charge.

Federal prosecutors say 64-year-old Charles “Chuck” Nabit faces a maximum sentence of 10 years in prison after pleading guilty on Friday to transporting a person to engage in prostitution.

U.S. District Judge George L. Russell, III is scheduled to sentence him on June 24.

A court filing that accompanied his plea agreement says Nabit regularly transported victims to and from his Baltimore office for sex and recorded sex acts with a camera despite women’s objections to being filmed.

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