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Jim Greer hit with six felony counts. Delmar Johnson cooperating

Former Republican party of Florida Chairman Jim Greer is the first suspect busted by Gov. Charlie Crist's statewide grand jury on corruption.

Greer was hit with six felony counts: Money laundering, four charges of grand theft and one count of committing a scheme to defraud. Greer was busted for his role in Victory Strategies LLC., a "shell corporation" that Greer used to "enrich himself," said Bill Shepherd, statewide prosecutor.

After Greer diverted the money, "it was then used by Mr. Jim Greer to further his own person lifestyle," Sheppherd said.

Shepherd said Greer kept his role in Victory Strategies secret from other party leaders. Only former Executive Director Delmar Johnson was the only one involved and cooperated with authorities. He entered into a deferred prosecution agreement.

Full story here. Read the arrest affidavit here.Download GreerBust

The names of future Senate President Mike Haridopolos and future House Speaker Dean Cannon came up during the press conference. They signed a severance agreement saying Greer's spending was ok at RPOF. Greer accused them of offering "hush money." Are they under investigation?

FDLE commissioner Gerald Bailey essentially said no."What we're focused on Victory Strategies. We're looking at Victory Strategies."

Shepherd would only say the names of those interviewed would be released if Mr. Greer demanded discovery. Greer's was arrested at his Oviedo home. Two of his banks, SunTrust and United Legacy Bank. Greer faces a maximum 5 years in prison for his theft charges and a maximum of 30 years for the money laundering and defraud schemes.