by Michelle Yoffee | June 02, 2010

OVIEDO--While lying in bed with his young son Wednesday morning, the FDLE showed up to arrest former Oviedo City Councilman and Chairman of the Republican Party of Florida, Jim Greer.

Shortly after 9 a.m., with his wife and children in the house, Greer, 47, was taken into custody and booked into the John E. Polk Correctional Facility. He is charged with four counts of grand theft, one count of money laundering and one count of organized scheme to defraud, according to Statewide Prosecutor William Shepherd.

Shepherd said a grand jury handed down the indictment against Greer. It was that indictment that triggered Greer's arrest.

Governor Charlie Crist, who appointed Greer to the position at RPOF, was notified a few minutes prior to the arrest.

At a press conference Wednesday morning, Shepherd said the State believes Greer skimmed money from the RPOF through Victory Strategies, LLC, a company he set up in which he was a majority owner.

Shepherd said Greer used the money, at least $100,000, to support his lifestyle.

RPOF Executive Director Delmar Johnson was the minority owner in the company.

Shepherd said Johnson was a witness in the case against Greer and was given "delayed prosecution" for working with the authorities.

According to a search warrant affidavit, signed on June 1, Greer was having financial problems last year.

Attorneys for Greer were unavailable for comment Wednesday.

Check back for updates.