Thursday, May 16, 2019

Towson man pleads guilty to charges for $394 million Ponzi scheme

Kevin B. Merrill of Towson pleaded guilty Thursday to federal wire fraud charges related to his role in a $394 million Ponzi scheme after agreeing to a deal with federal prosecutors. Merrill appeared in the U.S. District Court for the District of Maryland wearing a striped gray prison uniform with his family sitting in the gallery. The 53-year-old had a goatee and a five-o-clock shadow, displaying a solemn look on his face. Merrill originally pleaded not guilty at his arraignment in October after…



from https://www.bizjournals.com/baltimore/news/2019/05/16/towson-man-pleads-guilty-to-charges-for-394.html?ana=RSS&s=article_search
via https://baltimorecheckbook.tumblr.com/post/184926076742

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