The spouse of Towson Ponzi schemer Kevin Merrill pleaded bad Wednesday to at least one conspiracy that is federal, admitting she attempted to conceal their money to stop the federal government from using it.
Amanda Merrill, 30, pleaded accountable in U.S. District Court in Baltimore to conspiring to eliminate property and obstruct justice, a felony. She have been caught cash that is emptying a safe in her own husband’s $11 million www.www.youtube.com/watch?v=RWV6p1LZG0U getaway 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 plead?” U.S. District Judge Richard Bennett asked.
“Guilty,” she said.
Her plea brought an additional conviction into the fraud that is sweeping money-laundering situation against her spouse of almost four years. Kevin Merrill, 54, admitted to swindling investors from since far as Singapore in a classy, six-year cheat. Federal prosecutors state he performed one of the greatest Ponzi schemes in Maryland history. They calculated their investors destroyed $189 million.
Outside of the courtroom, U.S. Attorney for Maryland Robert Hur called Kevin and Amanda Merrill “wealthy, privileged folks who are wanting to beat the machine.”