Jeremy Todd Briley

Introduction

Jeremy Todd Briley, 47, of Happy Valley, Oregon, worked as a payment processing broker whose two largest clients were sham companies that stole from ordinary bank customers — and on July 20, 2026, he was sentenced to three years in prison for it . Through the scheme, the sham merchants stole and attempted to steal 14 million dollars from victims’ bank accounts, fraudulently debiting accounts across the country under the cover of online marketing services they never provided. Briley was also sentenced to three years of supervised release and ordered to forfeit 460,000 dollars in proceeds of the fraud. He had pleaded guilty in April 2026 to one count of wire fraud .

Background Information

A payment processing broker sits between merchants and the financial system: acting on behalf of merchant clients, Briley identified payment processors in the United States for his clients to use in processing charges . His two largest clients were sham companies that falsely represented that they provided online marketing services to businesses. Instead of marketing, they stole from victims by fraudulently debiting their bank accounts, causing over 14 million dollars in unauthorized debits and attempted debits. From February 2017 to December 2023, Briley obtained and maintained the payment processing relationships that let those sham companies process fraudulent debits, all while knowing the companies were fraudulently debiting bank accounts, according to court documents .

The Controversy or Incident That Led to Their Cancellation

Convicted and sentenced. Briley admitted one count of wire fraud for keeping payment channels open for sham merchants whose unauthorized debits drained more than $14 million from victims’ accounts, and was sentenced to three years in prison.

Court documents describe a broker who did not merely look away but actively worked to keep the scheme alive. Despite repeatedly receiving information that the debits processed on behalf of the sham companies were not authorized by the victims, Briley concealed the fraudulent activities of the sham companies in various ways, and he arranged for a payment processor to deceive banks by manipulating return rates on the fraudulent debits . Return rates — the proportion of disputed debits bounced back by banks — are the metric processors watch to detect fraud, and manipulating them hid the scheme from the banks whose customers were being debited without consent. The scheme ran from February 2017 to December 2023, nearly seven years of unauthorized debits flowing through relationships Briley built and maintained .

The April 2026 guilty plea to one count of wire fraud converted that record into a conviction, and the July 20, 2026 sentencing added three years of imprisonment, three years of supervised release, and a 460,000 dollar forfeiture judgment against the proceeds of the fraud .

Public Reaction and Consequences

The sentence was announced jointly by Assistant Attorney General A. Tysen Duva of the Justice Department’s Criminal Division, U.S. Attorney Jason A. Reding Quiñones for the Southern District of Florida, Inspector in Charge Eric Shen of the U.S. Postal Inspection Service’s Criminal Investigations Group, and Special Agent in Charge Vincent R. Zehme of the Federal Deposit Insurance Corporation Office of Inspector General, Chicago Region — a four-agency announcement reflecting the reach of the scheme across the banking and mail systems . The U.S. Postal Inspection Service and the FDIC Office of Inspector General investigated the case. Trial Attorney Daniel Zytnick of the Criminal Division’s Fraud Section prosecuted it, and Assistant U.S. Attorney Nicole Grosnoff for the Southern District of Florida handled forfeiture . The victims — the account holders whose money was debited without authorization — are counted in the release only as a scale: over 14 million dollars in unauthorized and attempted debits.

Current Status

Briley, 47, stands convicted of wire fraud following his April 2026 plea and was sentenced on July 20, 2026, to three years in prison followed by three years of supervised release, with 460,000 dollars in fraud proceeds ordered forfeited . The announcement was made under Justice Department press release number 26-815. The release records no appeal and no additional charges against the sham merchant clients themselves, and this page takes no position on any proceeding not described in the announcement. His supervised release will run three years beyond the prison term .

Impact on Their Career/Life

Briley’s career as a payment processing broker is definitively over: a broker convicted of wire fraud for maintaining the very processing relationships that let sham merchants drain 14 million dollars from bank accounts cannot hold a position of trust in the payments industry, and the felony conviction forecloses the occupation itself . At 47, he faces three years in federal prison, three years of supervised release, and the forfeiture of 460,000 dollars — the scheme’s proceeds clawed back by the court. The case stands as the Justice Department’s documented example that the intermediaries who keep fraudulent merchants banked are charged as principals in the fraud, not bystanders to it .

Sources

• DOJ press release, “Oregon Payment Processing Broker Sentenced for $14 Million Dollar Wire Fraud Scheme,” Office of Public Affairs, July 20, 2026 source