The wife of Towson Ponzi schemer Kevin Merrill pleaded guilty Wednesday to 1 conspiracy that is federal, admitting she attempted to conceal their money to stop the federal government from using it.
Amanda Merrill, 30, pleaded responsible in U.S. District Court in Baltimore to conspiring to eliminate obstruct and property justice, a felony. She have been caught cash that is emptying a safe in her husband’s $11 million holiday house on Florida’s Gulf Coast.
A mom to two small children, she spoke lightly and dabbed a tissue to her eyes.
“How do you plead?” U.S. District Judge Richard Bennett asked.
“Guilty,” she said.
Her plea brought yet another conviction within the fraud that is sweeping money-laundering case against her spouse of almost four years. Kevin Merrill, 54, admitted to swindling investors from since far as Singapore in an advanced, six-year cheat. Federal prosecutors state he performed 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 those who are wanting to beat the device.”
federal federal Government attorneys with all the U.S. Securities and Exchange Commission had filed restraining instructions to bar her from her husband’s assets after he had been arrested just last year.
“When a judge that is federal an purchase to freeze assets, you need to obey that order,” Hur stated outside. Continue lendo