LIT COMMENTARY
This article should be read in conjunction with our earlier article.
Jan 14, 2021 – President Donald Trump has commuted the 40-year sentence of Fred Davis “Dave” Clark Jr., who was convicted in 2015 of helping run a $300 million Ponzi scheme through the Florida Keys-based company Cay Clubs Resort and Marinas.
LIT’s noticed complete change at 11th Cir. (CA11) since it was brought to their attn that they ALWAYS use a ‘by designation’ judge (not a sitting appellate judge or senior). Since 2021 they have apparently received an internal memo and all orders are NOW by 3-panel CA11 judges. pic.twitter.com/DV3GiYa2O4
— LawsInTexas (@lawsintexasusa) January 19, 2021
Trump Supporter Shocked Over Clemency of ‘Crook’ Who Stole His Life Savings in Ponzi Scheme
Originally Published: Jan 19, 2021 | Republished by LIT: Jan 20, 2021
71-year-old supporter of President Donald Trump was reportedly shocked when Trump recently commuted the 40-year sentence of a man who stole his life savings in a Ponzi scheme.
Kimball Pugmire, who supported the outgoing president and voted for him in 2016 and 2020, told the Tampa Bay Times that he was forced to question Trump’s honesty after learning that the president had granted clemency Wednesday to “lifetime crook” Fred Davis Clark Jr., who was sentenced to decades behind bars in 2016 after defrauding nearly 1,400 investors out of a combined $300 million.
“I had been trying to forget all this, but it makes you wonder, even being a Trump supporter, about his honesty,” Pugmire told the paper.
Clark was CEO of Cay Clubs Resorts and Marina, which offered investors the promise of steady returns by purportedly transforming old properties into luxury resorts in Florida, the Caribbean and Las Vegas. In reality, the projects were never completed and the money taken in from new investors was being used to pay off outstanding debts to old investors and to fund Clark’s lavish lifestyle.
Attorney Randy Sorrels and his Lawyer Spouse Alex Ain’t Pleased with River Oaks Home Remodeling
Randy Sorrels and Alex Farrias-Sorrels are suing their home remodeling contractors. LIT asks if the contractors have good insurance coverage.
Texas Justice: Disgraced Fmr State Senator and Disbarred Lawyer Carlos Uresti Released Super Early
In 2023 a federal judge reduced Uresti’s sentence to five years and 10 months, which made him eligible for release in December 2024.
Blake Templeton and Zach Morrow’s Crypto and Real Estate Investment Ponzi Scheme Busted
Blake of Boron Capital, a High School Dropout from Lubbock, Texas is Livin’ the Rich Life On Other People’s Hard Earned Dosh via his Scam.
