63-Year-Old Woman Facing Murder Charge After Allegedly Shooting Dead Husband amid Argument over Finances

Michael Smith, 64, died at his home in Loris, South Carolina after allegedly being shot by his wife Laura Smith on May 12, authorities said

A 63-year-old woman in Horry County, South Carolina is facing a murder charge after being accused of killing her 64-year-old husband.

Laura Smith allegedly fatally shot Michael Smith amid an argument about finances, according to local media outlets WMBF, WPDE and Myrtle Beach Sun News.

Horry County Chief Deputy Coroner Tamara Willard confirmed in a news release obtained by PEOPLE that Michael "died at his home in Loris after being shot in the torso by his wife" on May 12 at approximately 8:55 p.m. local time. The release added that the Horry County Police Department is investigating the incident.

According to Horry County Police Department booking records seen by PEOPLE, Laura was booked on May 13 at 2:29 a.m. and is being held at the J. Reuben Long Detention Center. The documents state no bail has been set.

Per WMBF, police said they discovered a revolver lying next to Michael's body after being told by Laura he was in the bedroom.

Laura's warrant stated that "after having a verbal dispute pertaining to finances" she "did shoot the victim with a revolver two times in the torso," WPDE reported.

Horry County Police Department did not immediately respond to PEOPLE's request for comment.

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Per WMBF, a neighbor witnessed Laura being taken into custody.

The neighbor, who didn't want to be identified, said that the couple had been out riding on their golf cart with their dog just hours before the shooting.

“It was totally unexpected when all of a sudden a dozen police cruisers came with flashing lights and put up crime tape around the house. It was tragic. You just don’t know what goes on behind closed doors,” they told WMBF News.

“Laura, I just knew briefly, but you know she told me several times, ‘I’m glad my husband loves me so much.’ To have this happen is unbelievable,” the neighbor added to the outlet.

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