On Wednesday, April 28, 2010, Clyde Franks, age 65, and his wife, Sherri Franks, age 50 of Oakland, was arrested on a Marion County Felony Warrant for: Arson (Class Y Felony), bond - $25,000.00, cash or pro. The arrests stem from the Franks' house fire that occurred in Oakland back in January of 2010. An investigation revealed that the fire had intentionally been set and the Franks' then attempted to claim the fire with their insurance company. Their son, Charles Franks, age 25, also of Oakland, was also arrested on this date, on a Marion County Felony Warrant for: Theft of Property (Class C Felony), bond - $2,500.00, cash or pro. Charles' arrest stems from stealing several remaining items from the residence, where the alleged arson took place. The theft charges against Charles were filed by Clyde and Sherri, prior to their arrest for the arson. All of the Franks' bonded out of jail and their first appearance before the Marion County Circuit Court is scheduled for May 12, 2010 at 10:00 AM.