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Crime Journal Exclusive: Vico Brothers Sentenced for Mail Fraud and Money Laundering
West Palm Beach brothers Janio Vico and Jharildan Vico have been sentenced to 108 months in federal prison for their roles in a massive mail fraud and money laundering scheme.
The brothers, both in their 30s, were convicted of conspiracy to commit mail fraud and mail fraud, as well as conspiracy to commit money laundering and money laundering, following a trial before a jury.
The scheme, which spanned over two years, involved the Vico brothers operating an unlicensed health care clinic in West Palm Beach, where they submitted fake claims to automobile insurance companies for personal injury protection (PIP). During the 20-month period, the brothers received approximately $1.87 million in payments from the insurance companies for relying on these fraudulent claims.
The evidence presented in court showed that the Vico brothers paid claimants to appear at their clinic, known as V & V Rehabilitation Center, and that much of the money received from the insurance companies was diverted to the brothers’ accounts for their personal use.
The brothers also used a portion of the money to buy residential property, including two homes in West Palm Beach, which they are now required to forfeit as part of their sentence.
The Vico brothers claimed that Jennifer Adams, a formerly licensed chiropractor, was the owner of the clinic to avoid obtaining a license and evade scrutiny from the Florida Department of Health. However, the evidence presented in court revealed that the brothers were the true owners of the clinic, which was unlicensed during the time period charged.
As part of their sentence, the Vico brothers are required to forfeit $1.87 million, as well as two residential properties, including 610 Cresta Circle and 669 Pacific Grove Drive, Unit #3, both in West Palm Beach. This case is the latest in the ongoing investigation of clinics established in the Palm Beaches to fraudulently bill automobile insurance companies for PIP claims in Operation Sledgehammer.
The prosecution of the Vico brothers is the result of a long-term investigation by the Federal Bureau of Investigation (FBI), Miami Field Office, and the United States Attorney’s Office for the Southern District of Florida. The case has brought to light the widespread issue of PIP fraud in Florida, which affects the cost of automobile insurance for all Floridians.
Wifredo Ferrer, United States Attorney for the Southern District of Florida, and George L. Piro, Special Agent in Charge, FBI, Miami Field Office, made the announcement. The investigation has resulted in over 100 individuals being prosecuted for similar offenses.
This case serves as a reminder of the importance of reporting and preventing healthcare fraud, and the consequences that those who engage in such activities will face.
Key Facts
- State: Florida
- Category: Fraud & Financial Crimes
- Source: DOJ Press Release â†â€â€
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