Former SA financial advisor with Boerne ties pleads guilty in Ponzi scheme

A San Antonio woman and former financial advisor who had an office in Boerne pleaded guilty last week for her alleged role in a Ponzi scheme with two Lubbock businessmen.  According to the Department of Justice, Brooklyn Chandler Willy, 46, took the plea on the following 10 charges:

~six counts of wire fraud

~one count of wire fraud conspiracy

~one count of money laundering conspiracy

~one count of engaging in monetary transactions associated with the scheme

~one count of aggravated identity theft

Investigators said Willy faces up to 20 years each in federal prison on the wire fraud, wire fraud conspiracy and money laundering conspiracy charges.  Additionally, she could face additional time in prison for the engagement with monetary transactions (up to 10 years in prison) and aggravated identity theft (mandatory minimum of two years) charges.  The aggravated identity theft charge, according to the DOJ, would run concurrently with any other punishment.

According to court documents, Willy will learn her sentence on Sept. 28.