"Jerry Keith Brady Jr., 38, of Belle Haven learned his fate Thursday (February 19) in the U.S. District Court in Norfolk. The former Eastville Police officer received a three-year prison sentence after pleading guilty to wire fraud and money laundering tied to a yearslong scam. Prosecutors said at least a dozen people handed over money after Brady claimed he was waiting on a large payout from a deceased relative."
"According to court records, Brady told people the inheritance was tied up by legal fees, taxes and other estate costs. He asked for short-term loans to bridge the gap, promising repayment once the funds were released. To reassure lenders, he often signed written promissory notes that he said would "guarantee" they would get their money back. Investigators later determined there was no inheritance."
Jerry Keith Brady Jr., a former Eastville police officer, pleaded guilty to wire fraud and money laundering tied to a yearslong inheritance scam. Brady solicited short-term loans from friends, coworkers and neighbors by claiming a large payout from a deceased relative was delayed by legal fees, taxes and estate costs. He signed promissory notes to reassure lenders. Investigators found no inheritance and determined Brady funneled most of the money into casinos, online sports betting platforms and slot-style machines. The scheme involved roughly four years and at least 33 transactions. A judge ordered a three-year prison term and restitution of $747,050, with monthly payments of at least $200 or 25 percent of net income.
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