Stanislav Bril, Ponzi Schemes, Money Laundering, Pennsylvania 2023

Local Man Accused of Running Ponzi Schemes, Money Laundering

PHILADELPHIA - Stanislav Bril, a 40-year-old resident of Jamison, Pennsylvania, has pleaded guilty to operating two different Ponzi schemes, his false applications for bank loans, and his defrauding of the Small Business Administration’s Paycheck Protection Program (“PPP”) and Economic Injury Disaster Loan (“EIDL”) program, resulting in the theft of over $6 million in federal pandemic relief funds.

Bril, a/k/a “Stan Bril,” a/k/a “Slava Bril,” was charged with three counts of mail fraud, eleven counts of wire fraud, five counts of bank fraud, and five counts of money laundering, all arising from his operation of two different Ponzi schemes and related conduct from 2011 to 2021.

“The U.S. Attorney’s Office will continue leading the charge with our law enforcement partners to hold Stanislav Bril and other fraudsters accountable for their schemes,” said U.S. Attorney Jacqueline C. Romero.

According to the indictment, Bril operated a “Ponzi” scheme through his company, Mortgage Consultant Group (“MCG”), obtaining over $1 million from investors and using much of these funds for his own benefit and to perpetuate the scheme from October 2011 to August 2014.

Bril also fraudulently obtained a $750,000 line of credit from a bank headquartered in Scranton, Pennsylvania for another company he created, The Bril Group, Inc. (“TBG”), making false statements about TBG’s business, the number of TBG employees he was hiring, and the intended use of the line of credit from October 2018 to June 2021.

Between April 2020 to March 2021, Bril fraudulently obtained over $6.7 million from the Small Business Administration’s Economic Injury Disaster Loan (“EIDL”) and Paycheck Protection Programs (“PPP”) by making false statements about the number of employees of, the wages and payroll taxes paid by, and the intended use of the loan proceeds by several companies that Bril created.

Bril entered a plea of guilty on October 30, 2023 before United States District Judge Gene E.K. Pratter. The investigation was led by the FBI’s Philadelphia Division, along with the IRS-Criminal Investigation. Bril’s sentencing is pending.

Defendant Information:

Defendant: Stanislav Bril

Charges: Three counts of mail fraud, eleven counts of wire fraud, five counts of bank fraud, and five counts of money laundering

City and State: Philadelphia, Pennsylvania

Date: October 30, 2023

Sentence: Pending

Dollar Amount: Over $6 million

Source: https://www.justice.gov/usao-edpa/pr/bucks-county-man-pleads-guilty-ponzi-schemes-money-laundering-and-stealing-over-6-0