Accused of boat insurance fraud
JUPITER, Fla. - Five men from Jupiter were among 7 people who have been indicted on charges of boat insurance fraud.
The U.S. Attorney's Office says the men either created sham insurance policies or submitted fraudulent marine insurance claims in connection with a scheme to defraud Boat U.S.
35-year-old Christopher 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, were among the seven indicted.
The claims totaled more than 800 thousand dollars, according to the FBI.
According to the U.S. Attorney's office, the men would create sham boat insurance policies, make a few premium payments and then submit false claims of total boat losses.
The indictments were announced December 12th.
If convicted the men face 20 years in federal prison.