Wife of Towson Ponzi schemer admits she attempted to conceal their money from courts as luxurious lifestyle crumbled
The spouse of Towson Ponzi schemer Kevin Merrill pleaded responsible Wednesday to at least one federal conspiracy charge, admitting she attempted to conceal their money to stop the federal wife dating government from using it.
Amanda Merrill, 30, pleaded responsible in U.S. District Court in Baltimore to conspiring to get rid of obstruct and property justice, a felony. She was caught cash that is emptying a safe in her own husband’s $11 million holiday house on Florida’s Gulf Coast.
A mom to two small children, she talked lightly and dabbed her eyes having a muscle.
“How do you realy plead?” U.S. District Judge Richard Bennett asked.
“Guilty,” she said.
Her plea brought yet another conviction into the sweeping fraud and money-laundering situation against her husband of almost four years. Kevin Merrill, 54, admitted to swindling investors from because far as Singapore in an enhanced, six-year cheat. Federal prosecutors say he completed one of the greatest Ponzi schemes in Maryland history. They calculated their investors destroyed $189 million.
Away from courtroom, U.S. Attorney for Maryland Robert Hur called Kevin and Amanda Merrill “wealthy, privileged folks who are attempting to beat the machine.”