Mistrial and acquittal in $300M vacation rental fraud case

MIAMI (AP) – A judge declared a mistrial Friday in the case of a businessman charged with operating a $300 million vacation rental fraud scheme.

U.S. District Judge Jose E. Martinez made the ruling after jurors deadlocked on their fourth day of deliberations in the case of Fred Davis “Dave” Clark Jr., the former president of now-defunct Cay Clubs Resorts and Marinas. His wife, Cristal Clark, a top sales agent, was acquitted on all counts.

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