BOCA RATON, FL (Boca Post) (Copyright © 2025) — Boca Raton Police say a former manager at a local financial services company is at the center of a large-scale refund scheme that targeted dozens of clients, including many who were elderly or already deceased.
According to a news release, detectives arrested 38-year-old Marius St. Gerard after a two-year investigation into irregular refund activity tied to CLR Admin Services, where he worked in a managerial role. Investigators say he is accused of defrauding nearly $200,000 from company clients between January and November 2023.
In that role, police say, St. Gerard had access to client files. A Boca Raton Police spokesperson said detectives found he entered multiple client accounts, changed their email addresses to his own, and altered bank account records so refunds would be routed to accounts he controlled. He then allegedly cancelled files and electronically signed refund forms sent to those email addresses, causing the money to be directed away from the original clients.
The scheme first came to light in November 2023, when the company’s banking partner flagged suspicious activity and an internal review turned up a discrepancy in at least one account. That review pointed back to St. Gerard, and the business notified Boca Raton Police, according to the department.
From there, the case moved to the department’s Economic Crimes Unit. A probable cause affidavit filed in Palm Beach County lays out what detectives describe as a systematic, ongoing pattern of fraud using personally identifiable information from 35 clients to redirect refunds to prepaid debit cards. Ten of those clients are listed as deceased; the remaining 25 are described as being over the age of 65.
Investigators wrote that the refunds, once approved, were loaded onto a mix of GreenDot, Meta, Chime, and Stride-branded cards that had been activated using the clients’ personal information. From there, police say, the funds were withdrawn or spent on expenses that benefited St. Gerard, including airline tickets, car payments, phone bills, day care, food, gas, liquor, clothing, and other personal purchases.
The affidavit puts the total loss at about $187,833.25, citing a series of large refund amounts issued over several months in 2024. Detectives also documented cash withdrawals at ATMs in and around Boca Raton, many of them listed as being near St. Gerard’s residence, along with additional card activity in Deerfield Beach, Lauderdale Lakes and the Miami area.
The case file includes a long list of named clients and corresponding refund amounts, spread across several banks, including multiple accounts noted as belonging to deceased account holders.
According to the affidavit, an attorney identified as representing the living clients submitted a sworn statement indicating they want the case prosecuted. A sworn statement from a representative of CLR Admin Services also advises that the company wants prosecution.
Boca Raton Police say they obtained an arrest warrant for St. Gerard following the economic crimes investigation. He was taken into custody by Clearwater Police on November 18, 2025, and later extradited to the Palm Beach County Jail.
St. Gerard is charged with Organized Fraud of $50,000 or more, Fraudulent Use of Personal Identification Information involving deceased victims, Fraudulent Use of Personal Identification Information involving $50,000 or more or 20–30 individuals, Grand Theft, Forgery and Money Laundering, according to Boca Raton Police.
The probable cause affidavit notes that, when contacted by detectives, St. Gerard invoked his right to counsel and did not provide a statement.
All of the allegations described in the affidavit and police report have not been proven in court. St. Gerard is presumed innocent unless and until he is found guilty in a court of law.
Boca Post tracks ongoing police activity in and around Boca Raton, including arrests and investigations, on our dedicated police activity page.
If you can’t do the time,,, don’t do the crime.