CLEVELAND -- A Cuyahoga Falls man was arrested in Florida in connection with alleged wire and bank fraud, according to federal law enforcement officials.

Gary J. Boecker, 63, was arrested on May 3 at the office of Ocean Jade Health Retreat in Fort Lauderdale, Fla., without incident, according to an FBI press release. Boecker had an initial appearance in U.S. Southern District of Florida that day where he waived all hearings until he is transferred back to the Northern District of Ohio. He remains in federal custody. Upon his return, he will be scheduled for detention and probable cause hearings, the release said.

According to the FBI, Boecker is accused of engaging in a scheme to "enrich himself" and to fund a business venture located in Florida known as Ocean Jade Health Retreat. Boecker allegedly diverted funds to himself and to his "water therapy hotel" from entities that did not consent to invest nor had knowledge of the funding of that venture to include financial institutions, the FBI press release stated.

According to the complaint affidavit, one victim in this case learned that Boecker had allegedly caused approximately $726,900 in withdrawals from the victim's accounts. The victim had authorized an investment to Boecker of $300,000 at one time. The victim was allegedly told by Boecker that he could expect a 15 percent return on that investment, according to the FBI press release. The victim requested his money to be returned from Boecker, but has not received that return, according to the press release.

Also according to the complaint affidavit, it is alleged that Boecker obtained a bank loan under a second victim's business name for approximately $296,000, unbeknownst to any employee from that business. Boecker is alleged to have caused the withdrawal of approximately $536,300 from the bank accounts under the control of the second victim.

This is an ongoing investigation with the possibility of additional victims being located, the FBI said. Anyone who has had financial dealings with Gary J. Boecker and has not spoken with law enforcement is asked to contact the FBI at 216-522-1400.

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