Florida
Federal Grand Jury Issues Destin Insurance Fraud Indictment
Pensacola, Florida – Christopher Jason Brossett, 45, and Brady Allen Howard, 59, both of Destin, Florida, have been indicted in federal court for seven counts that include conspiracy to commit wire fraud and wire fraud. Additionally, Christopher Jason Brossett has been…
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Key points
- Two Destin men face federal wire fraud charges for allegedly running an unlicensed insurance scheme targeting local watersports businesses.
- The defendants collected over $100,000 in fake premiums and failed to pay claims through unauthorized firms.
- A federal jury trial in Pensacola is scheduled for December 14, 2026.
NewsWK — Two Destin business operators face federal prosecution following an alleged commercial insurance scam. Grand jurors in Pensacola returned a seven-count indictment against both men.
What led to the Pensacola Federal Court indictment?
Federal prosecutors charged Christopher Jason Brossett, 45, and Brady Allen Howard, 59, with conspiracy to commit wire fraud and wire fraud. Additionally, grand jurors charged Brossett with two counts of money laundering. Officials state the pair collected over $100,000 in premiums through unlicensed entities.
Meanwhile, state regulators reported that the scheme targeted local watersports businesses in Okaloosa County. provided insurance policy quotes and insurance binders through unauthorized firms:
- Hydrogen Deep LLC
- The Wave Risk Retention Group LLC
- The Wave Insurance
Who investigated the Destin insurance fraud scheme?
Investigators from IRS Criminal Investigation and state authorities worked together on the case. Because the firms operated without licenses, state officials issued a cease-and-desist order. Also, Brossett was arrested in Okaloosa County in June 2026 and Howard in July 2026 on grand theft charges.
What penalties do Christopher Brossett Brady Howard face?
If convicted, both men face up to 20 years in prison for wire fraud. Additionally, Brossett faces up to 10 extra years for money laundering. However, Assistant U.S. Attorney Jeffrey M. Tharp will press the charges in Federal Court.
When will the Northern District of Florida wire fraud trial begin?
United States Attorney John P. Heekin announced that trial will begin on December 14, 2026. Then, U.S. District Judge M. Casey Rodgers will preside over the proceedings in Pensacola. Both defendants previously appeared before U.S. Magistrate Judge Hope T. Cannon for arraignment.
This article was produced with the assistance of AI and reviewed by our editorial team.
Related: Crestview Woman Indicted in Pensacola Federal Court Over $4 Million Fraud Scheme
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