Florida indicts 7 for $800,000 boat insurance fraud

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.