I-Team: Keith Smith Was Beneficiary On Wife's Life Insurance Policy

Keith Smith was the beneficiary of a life insurance policy on his wife, Jacquelyn Smith, the 11 News I-Team has learned from multiple sources.

The insurance policy amount was at least $500,000.

Keith Smith, 52, of Aberdeen, and his daughter, Valeria Smith, 28, of Baltimore, are charged with Jacquelyn Smith's killing on Dec. 1, 2018. Investigators said the two concocted a story about a panhandler killing Jacquelyn Smith in east Baltimore.

Keith Smith and Valeria Smith were arrested Sunday near the Texas border with Mexico. Police said the pair will be brought back to Maryand on March 20. They waived extradition Monday.

Investigators are looking into the couple's finances and personal life in their ongoing investigation.