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Ponzi scheme with Boerne ties ends in guilty plea

Ponzi scheme with Boerne ties ends in guilty plea
Brooklyn Chandler Willy, who pleaded guilty to 10 federal crimes Thursday, operated a Texas Financial Advisory office at 229 N. Main St. In Boerne. File photo

SAN ANTONIO — A San Antonio former financial advisor who had an office in Boerne pleaded guilty to 10 counts for her role in a Ponzi scheme, federal prosecutors said.

Brooklyn Chandler Willy, 46, was charged with six counts of wire fraud and one count each of conspiracy to commit wire fraud, engaging in monetary transactions involving assets derived from illegal activities, aggravated identity theft and conspiracy to commit money laundering, according a March 20 release from Justin R. Simmons, U.S. Attorney for the Western District of Texas.

With her guilty plea, officials with the Department of Justice said she faces up to 20 years in prison on each of the six wire fraud charges, on the one wire fraud conspiracy charge and on the one money laundering conspiracy charge.

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