Sewell, New Jersey Man Pleads Guilty to Multi-Year Bank Fraud Scheme
| U.S. Attorney’s Office January 10, 2011 |
PHILADELPHIA—Brian Geller, 32, of Sewell, New Jersey, pled guilty today to a multi-year bank fraud scheme that netted him over $1.8 million between the summer of 2005 and the summer of 2009 from JP Morgan Chase Bank, announced United States Attorney Zane David Memeger. Geller also admitted to engaging in transactions over $10,000 with the proceeds of the fraud and to one count of tax fraud. While an employee of JPMorgan Chase Services, Geller manipulated the bank’s internal books and records and caused the bank to wire transfer money to his account, to accounts of his family, and to accounts in which his life partner had right, title, interest, or control.
Sentencing is scheduled for April 7, 2011, before U.S. District Court Judge John R. Padova. Geller faces a statutory maximum possible sentence of 240 years in prison, a fine of $6.25 million, $2,200 in special assessments, and up to five years’ supervised release.
The case was investigated by the Federal Bureau of Investigation and the Internal Revenue Service Criminal Investigation Division and is being prosecuted by Assistant United States Attorney Pamela Foa.