JACKSONVILLE, Fla. -- Acting United States Attorney A. Lee Bentley, III announced a grand jury returned five indictments charging seven men with conspiracy to commit mail and wire fraud.
The men charged are 46-year-old John J. Kurant, Jr., of St. Augustine, 34-year-old Adam Horvit, of Parkland, and 35-year-old Christopher E. Labaire, 47-year-old Greg Wilson, 36-year-old Jerold Wolfe, 47-year-old John Grant, and 45-year-old Scott Coleman all from Jupiter. They each face a maximum penalty of 20 years in federal prison if convicted.
The Department of Justice says the indictments of Kurant and Labaire cite that Boat U.S. paid out $853,758.33 in insurance proceeds based upon the sham and fraudulent marine insurance claims.
The DOJ says the scam, worked by Kurant, a claims adjuster for Boat U.S., partnering with Labaire, defrauded their marine insurance program by creating and submitting fake insurance policies and claims. The claims included the other men as pleasure boat owners who experienced 'total losses' including theft, damage, or sinking. When the boat insurance claims were paid, the DOJ alleges the seven men shared the money.
The case was investigated by the FBI, Florida Department of Financial Services and Division of Insurance Fraud. It will be prosecuted by Assistant United States Attorney Mark B. Devereaux.