ORLANDO, Fla. (WFLA) — An Orlando man was charged with organizing a $5.3 million Ponzi scheme that defrauded at least 10 people, Attorney General James Uthmeier announced.
Jerald Clawson was arrested by the Florida Department of Law Enforcement in Orange County on Aug. 28.
“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.”…