For three decades, Miles Burton Marshall did taxes for his neighbors in Hamilton, New York, and sold them shares in something he called the Eight Percent Fund. On June 11, 2026, a judge entered $85 million in judgments against him for 988 people who thought they had savings.
Roody Metelus ran a tax shop in Dania Beach. The government says he turned wage earners into fake sole proprietors and skimmed a percentage off every PPP loan that cleared. He pleaded guilty last week.
A Belleville tax preparer admitted in federal court this week to filing hundreds of false returns, hiding six figures of her own income while inflating her clients' deductions. The clients who trusted her with their most private numbers may now owe the government money they were told they had already handled.
Miles Burton Marshall pleaded guilty this week to running a $50 million Ponzi scheme out of his Hamilton, New York tax practice for more than three decades. The 988 people who trusted him were mostly his own clients, and the fund that bore his promise had a name that was also its alibi.