Two Men Convicted in Federal Court for Insurance Fraud

October 21, 2015

On October 13th, Janio and Jharildan “Harold” Vico were convicted of a total of 16 charges including 12 counts of mail fraud, two counts of money-laundering, conspiracy to commit money-laundering, and conspiracy to commit wire fraud. A federal jury deliberated for approximately two hours before finding the brothers guilty, according to a article. The conviction arises out of the brothers’ ownership and operation of the V&V Rehabilitation Center, located on 10th Avenue North, Lake Worth, Florida, from 2009 until 2011. Janio and Jharildan Vico staged traffic accidents and then billed insurance companies for fake injuries, which were treated at their Lake Worth clinic. The scheme brought in approximately $3 million for the two brothers.

Assistant U.S. Attorney Ellen Cohen is seeking for the brothers to forfeit nearly $400,000 and homes they purchased with proceeds received from the fraud. The brothers can face up to a maximum sentence of 20-years for the most serious charges. The sentencing hearing is set for January 8, 2016.

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