HomeNewsOwner guilty of torching shop for insurance dough

Owner guilty of torching shop for insurance dough

A federal jury on Thursday found a former Northeast Philadelphia auto repair shop owner guilty of arson and fraud in connection with a May 24, 2010, fire at his business.

The blaze occurred at One Source Motors, 14001 Bustleton Ave. Michael Giamo, 29, of Huntingdon Valley, staged the fire, then collected more than $127,000 in insurance proceeds, lied to fire investigators and attempted to destroy incriminating records, the U.S. Attorney’s Office said.

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The jury convicted Giamo of mail fraud, conspiracy, using fire to commit mail fraud, damaging or destroying by fire a building used in interstate commerce, making false statements and obstruction of justice.

Giamo faces a mandatory minimum of 15 years in prison and up to life in prison, along with a fine of up to $2 million, along with forfeiture of assets. His sentencing hearing is scheduled for June 20. ••

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