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MONTICELLO, Ark. — Court records allege an Arkansas woman accused in a murder-for-hire plot wanted her husband and his ex-wife killed so she could inherit his business and receive his life insurance policy.

Stephanie Rogers is the wife of former Monticello Mayor Joe Rogers. Records indicate the 48-year-old was jailed Monday on charges of capital murder conspiracy and solicitation. Her bond is $500,000. The records don’t indicate if she has an attorney.

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Rogers was arrested last week following an investigation that began when an informant told authorities Rogers had approached her about hiring someone to kill her husband’s ex-wife, Debbie Rogers.

The Arkansas Democrat-Gazette reports that Stephanie Rogers wanted Debbie Rogers killed to inherit Joe Rogers’ business, and wanted her husband killed to receive his life insurance policy and control of his business.

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Information from: Arkansas Democrat-Gazette, http://www.arkansasonline.com