⏱ 2 min read
A payment processing broker from Oregon has been sentenced to three years in prison for his role in a $14 million wire fraud scheme that targeted businesses in Florida. Jeremy Todd Briley, 47, of Happy Valley, Oregon, worked with sham companies that falsely represented themselves as online marketing services, but instead stole from victims by fraudulently debiting their bank accounts. The scheme, which lasted from February 2017 to December 2023, involved Briley obtaining and maintaining payment processing relationships for the sham companies, despite receiving information that the debits were not authorized by the victims.
Briley’s actions allowed the sham companies to process fraudulent debits, and he concealed the fraudulent activities by manipulating return rates on the debits and arranging for a payment processor to deceive banks. The scheme resulted in over $14 million in unauthorized debits and attempted debits. Briley pleaded guilty to one count of wire fraud in April 2026 and was also ordered to forfeit $460,000 in proceeds of the fraud.
The sentence sends a clear message that those who knowingly help fraudsters steal from others will be held accountable, according to U.S. Attorney Jason A. Reding Quiñones for the Southern District of Florida. Briley’s case demonstrates the importance of holding individuals responsible for their role in facilitating fraud schemes, and the need for vigilance in protecting businesses from fraudulent activities.
In addition to his prison sentence, Briley was also sentenced to three years of supervised release. The case was investigated and prosecuted by the U.S. Attorney’s Office for the Southern District of Florida, with assistance from the FBI and other law enforcement agencies.
📋 Key Facts
- Crime: Fraud & Financial Crimes
- Defendant: Oregon
- Location: US
- Source: DOJ Press Release
