Spencer Calvert, The Pineapple Corporation president who reality TV star Capt. Sandy Yawn and others allege took their money and didn’t finish their homes, is in jail after being arrested on fraud and other charges Feb. 22 in Jacksonville.
The St. Johns County Sheriff’s Office said in a news release posted on Facebook that Calvert, 51, is charged with embezzling and misappropriating more than $100,000 in construction funds, first-degree grand larceny of $100,000 or more and organized scheme to defraud.
The post said Calvert was in contract with customers to build several homes in Nocatee’s Vista neighborhood. It said victims purchased lots from Calvert between 2019-23 that were ultimately left abandoned and incomplete. It said 13 initial victims came forward and reported their experience to SJSO Property Crimes Unit detectives.