May.24, 2010, 5:09 PM
ST LUCIE COUNTY- Two former Coggin Motor Mall employees and the wife of one have been arrested for money laundering after a long and complicated investigation. Jerry Clark, 47, is the former new car manager at Coggin Mercedes. His wifeeee Lynette Clark, 45, is the former general sales manager of Coggin BMW. Dominic Albanese, 63, is a former Coggin roadside technician.
"Detectives of the Auto Theft and Economic Crimes Units, assisted by the Indian River County Sheriff's Office, served a search warrant last Friday at 4401 and 4415 - 77th Street, Vero Beach, the addresses of Pristine Diesel," Sheriff Mascara said. "That is the business started by Jerry and Lynnette Clark with the proceeds of the money laundering scheme that victimized Coggin Motor Mall. The scheme involved the illegal sale of a car in the custody and care of Coggin, a 2008 Mercedes S-63 valued at more than $136,000."
Albanese is charged with grand theft, Lynette Clark is charged with money laundering, and Jerry Clark is charged with both.
Detectives seized four bank accounts totaling $94,477, a Peterbilt tractor and trailer, a Ford tractor and trailer, a Ford F-800 fuel truck, a Cummings Diesel generator, a Master Craft forklift and about $20,000 worth of computers, tools and equipment.