JACKSONVILLE, Fla. – A St. Johns County homebuilder who is accused of embezzling millions of dollars and abandoning projects in Nocatee is expected to plead guilty and be sentenced later this month.
A State Attorney’s Office spokesperson told News4JAX on Tuesday that a plea deal has been negotiated with Spencer Calvert, the former owner of the Pineapple Corporation.
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The spokesperson did not detail what is included in the plea agreement, but said “restitution for the victims is still a top priority.”
Calvert, 53, was arrested in 2024.
Prosecutors said Calvert duped more than a dozen Nocatee homeowners out of money, including Capt. Sandy Yawn, the star of the hit Bravo show “Below Deck Mediterranean,” and her wife, Leah.
According to the Sheriff’s Office, Calvert had contracts with customers to build homes in Nocatee from 2019-2023, but the homes were never finished. A total of 13 victims came forward and reported their experiences.
According to investigators, Calvert got millions of dollars in deposits from customers to build their custom homes and misappropriated over $15 million. Finishing building their homes…
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