Spencer Calvert’s $8.7M Home Scandal | Jacksonville News

Spencer Calvert, the founder of Pineapple Corp., faces serious prison time after admitting to bilking homeowners in St. Johns County out of millions—leaving houses as unfinished shells. He’s guilty of fraud, theft, and misusing construction funds, owes over $8.7 million in restitution, and must pay $1 million by his July 14 sentencing. Victims—including “Below Deck”’s Captain Sandy Yawn—lost life savings and dreams, some even dipping into kids’ college funds. His deal: up to five years in prison and 30 years probation, but early release possible if he repays everything. Authorities are also seizing any remaining assets to help victims. A cautionary tale about trusting contractors. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/b5dad79c2e851f95