An Orlando man was recently arrested in a $5.3 million ponzi scheme that defrauded at least 10 victims.
Attorney General James Uthmeier’s Office of Statewide Prosecution is charging Jerald Clawson, of Orlando, for orchestrating the $5.3 million Ponzi scheme and the Florida Department of Law Enforcement arrested Clawson in Orange County in Central Florida.
“This serial con-artist exploited the trust of hardworking Floridians to line his pockets. At 74 years old, he is still preying on victims without remorse,” said Attorney General James Uthmeier. “Let this be a warning: no matter your age or history, if you exploit Floridians, we will find you, and we will bring you to justice.”
The Central Florida investigation, titled “Investment Blues,” was a collaborative effort involving FDLE, the Seminole County Sheriff’s Office, the Florida Office of Financial Regulation, and the Office of Statewide Prosecution…