A former Massachusetts attorney has pleaded guilty of embezzling $600,000 from family trusts for which he served as trustee, prosecutors said.
Kevin M. Brill, 61, of Newton, Mass., pleaded guilty yesterday in U.S. District Court to six counts of wire fraud and four counts of filing false tax returns, according to a press release from the U.S. Attorneys Office in the District of Massachusetts.
The funds were embezzled between 2012 and July 2017, when Brill served as a trustee of three family trusts held at Morgan Stanley Bank, according to the press release.
"Over the course of the six-year scheme, Brill embezzled and misappropriated more than $600,000 from the various trusts and used the proceeds on personal expenses such as a personal vehicle, a vacation home in Vermont and to pay for his personal credit card expenses," the U.S. Attorney's Office said.
Brill created new accounts at Santander Bank through which he funneled funds he withdrew from the trust accounts, the release said. The false tax return charges stem from his not reporting the illegal income.
Brill's sentencing has been scheduled for April 5. For the wire fraud charges, he faces up to 20 years in prison, three years of supervised release and a fine of up to $200,000, the release said. The charge of filing false tax returns calls for up to three years in prison, one year of supervised release and a $250,000 fine.