A Winter Park man was recently arrested for his role in a multimillion-dollar Ponzi scheme, the Florida Department of Law Enforcement announced Wednesday.

The charges were the second major allegation of fraud against Jerald Benjamin Clawson, following an investigation into a purported pay phone scheme in the 2000s.

Clawson, 74, was arrested Thursday in Winter Park by the Orange County Sheriff’s Office after FDLE secured a warrant for his arrest. He is currently in custody at the Orange County Jail, records show.

The arrest followed an investigation by FDLE which began in October 2023 when the agency received information that Clawson would solicit real estate investments through cash and bridge loans and promised his alleged victims a guaranteed return, which never happened, according to

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