Oregon ISO Sentenced for Role in $14 Million Unauthorized Debit Scheme
Jeremy Todd Briley, a payment processing broker from Happy Valley, Oregon, has been sentenced to three years in federal prison for his involvement in a $14 million unauthorized debit scheme. Briley, who pleaded guilty to wire fraud, was also sentenced to three years of supervised release and ordered to forfeit $460,000. The scheme involved Briley maintaining payment processing relationships for two sham companies that falsely presented themselves as online marketing businesses. These companies initiated unauthorized debits against business bank accounts, leading to over $14 million in unauthorized and attempted debits. The U.S. Postal Inspection Service and the Federal Deposit Insurance Corporation’s Office of Inspector General investigated the case, which was prosecuted in the Southern District of Florida. 
