US Attorney Front Man Pleads Guilty to $550 Million Ponzi Scheme—One of the Largest Ever Charged in Maryland

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Press Release: U.S. Attorney’s Office, District of Maryland

Kevin B. Merrill, age 53, of Towson, Maryland, pleaded guilty today to conspiracy and wire fraud arising from a $550 million investment fraud scheme that operated from 2013 through September 2018. Co-defendant Cameron R. Jezierski, age 28, of Fort Worth, Texas, previously pleaded guilty to his role in the scheme. The U.S. Securities and Exchange Commission (SEC) has filed a parallel civil complaint in this matter.

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Monello

Smarter than the average bear
PREMO Member
$100 million scam per year. Lots of gullible folks out there.
 
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