Cristal Coleman

Cayman Islands-based CMZ Group, whose operations include pawn shops throughout the Caribbean, has accused its former managing director and 50% owner, Dave Clark, of swindling it out of approximately $7.5 million.

Complaint in CMZ Group Ltd. SEZC v. Fred Davis Clark, Jr., a.k.a. Dave Clark; Cristal Coleman, Clark Family Ltd., Cristal Clear Charters, LLC, and DC6, LLC at the Circuit Court of the Sixth Judicial Circuit, in and for Pinellas County, Florida.

Cayman Islands resident Dave Clark has been accused of transferring $1.7 million from a bank account in Cayman to one in Honduras in an attempt to keep it from the SEC, which is suing him for allegedly perpetrating a $300 million investment fraud.