FRED "DAVE" CLARK, 54, CAYMAN ISLANDS
President and CEO of Cay Clubs
Clark lived in Key Largo from July 2004 to January 2009 and founded Cay Clubs with David Schwarz of Orlando in 2004.
Investigators from the Securities and Exchange Commission allege Clark had authority over Cay Clubs' investments and funds while managing the company from his home in Key Largo.
Clark owned two-thirds of the 100-plus entities that comprised Cay Clubs and until recently was co-chairman of the CMZ Group, Ltd., a Cayman Island entity that includes a Caribbean pawn shop network and spirits business, among other ventures. Felicia Knight, president of a public relations firm representing CMZ Group, said Clark "separated from the company" prior to the Jan. 30 SEC filing.
Clark has never been registered with the SEC in any capacity, according to the government.
Clark was charged with drunken driving in Monroe County in 2006, but the charge was later dropped.
DAVID SCHWARZ, 56, ORLANDO
Chief Financial Officer and VP of Operations
Schwarz was Cay Clubs' CFO and vice president of operations from July 2004 until at least September 2007 and he had signatory authority over Cay Clubs' bank accounts, according to the government. During that same time, Schwarz was a one-third owner, officer, and director of the more than 100 companies that comprised Cay Clubs.
CRISTAL COLEMAN, 39, WIFE OF FRED CLARK, CAYMAN ISLANDS
Coleman served as manager, managing member and the registered agent for many of the entities that comprised Cay Clubs from July 2004 to January 2009. Coleman also served as a sales agent and had signatory authority over Cay Clubs' bank accounts.
Monroe County prosecutors charged her with fraud, but later dropped the charges in December 2009 after she paid back 19 parties to whom she owed money when she closed her Cristal Clear Rentals in May 2009. At that time, Cristal Clear owed $106,000 to customers and homeowner clients of the company's offices in Key West, Marathon and Islamorada.
BARRY J. GRAHAM, 57, MARATHON
Director of Sales
Graham was Cay Clubs' director of sales from August 2005 until October 2007, according to the government. In 1984, Graham pleaded no contest to a third-degree felony for selling unregistered securities in Florida and was sentenced to five years' incarceration and five years' probation. Graham has never been registered with the SEC in any capacity.
RICKY LYNN STOKES, 53, FORT MYERS
Director of Investor Relations
Stokes was Cay Clubs' director of investor relations from September 2005 to at least January 2008 and was one of Cay Clubs' highest-producing sales agents. In October 2007, Stokes replaced Graham as Cay Clubs' director of sales and held this position until at least mid-2008. Stokes has never been registered with the SEC in any capacity.