Two men are facing felony money laundering and securities fraud charges over accusations they tricked an investor out of several thousand dollars.

The men, Lee Walker and David B. Smith, described an investment plan to David Orr in the summer of 1994 that would more than triple his money, prosecutors say.Walker, 73, and Smith, 56, called the investment the "Prime Bank Instruments" program and said they had experience with that type of investment, court documents state.

Orr went along with the plan and invested about $150,000. He was to get his money back within 55 banking days, according to the charges filed in 3rd District Court Wednesday.

Smith made numerous false com-munications to Orr when Orr asked about his money, investigators believe. Smith had spent a large portion of Orr's funds on living expenses, court documents say.

The documents didn't indicate how much, if any, of Orr's money was returned by the defendants.

Walker and Smith each face one count of securities fraud, three counts of money laundering, second-degree felonies, and one count of communications fraud, a second-degree felony.