Montgomery County Man Guilty of Burning Down His Business
PHILADELPHIA - Michael Giamo, 29, of Huntingdon Valley, PA, was convicted today of all charges in connection with a conspiracy to burn down his auto repair shop, One Source Motors, on May 24, 2010, in Philadelphia. A federal jury found Giamo guilty of mail fraud, conspiracy to use fire to commit mail fraud, using fire to commit mail fraud, maliciously damaging or destroying by fire a building used in interstate commerce, false statements to federal investigators, and obstruction of justice. Giamo conspired with another individual (charged elsewhere) to burn down the business in order to collect the insurance proceeds. In the aftermath of the fire, Giamo collected more than $127,000 in insurance proceeds, lied to investigators and attempted to destroy incriminating records.
Giamo faces a mandatory minimum sentence of 15 years up to life in prison, a fine of up to $2 million, and forfeiture of assets when sentenced on June 20, 2012 by U.S. District Court Judge Michael M. Baylson.
The case was investigated by the Bureau of Alcohol, Tobacco, Firearms, and Explosives. It is being prosecuted by Assistant United States Attorney Mark B. Dubnoff.
UNITED STATES ATTORNEY'S OFFICE, EASTERN DISTRICTof PENNSYLVANIA
Suite 1250, 615 Chestnut Street, Philadelphia, PA 19106
PATTY HARTMAN, Media Contact, 215-861-8525