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Felon ran $1.5B tax scam, then bought Rolls Royce

Summary by Accounting Today
A Texas felon was charged with running a tax scam, using the proceeds to buy a 2021 Rolls Royce Ghost and make a down payment on an Ocean Alexander 28E yacht.

2 Articles

The Seattle TimesThe Seattle Times
Lean Left

Texas felon ran $1.5B tax scam, then bought a Rolls, prosecutors say

Duncan John MacDonald and three others were accused of selling phony trusts that they claimed would let clients permanently defer paying federal taxes.

·Seattle, United States
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Accounting TodayAccounting Today

Felon ran $1.5B tax scam, then bought Rolls Royce

A Texas felon was charged with running a tax scam, using the proceeds to buy a 2021 Rolls Royce Ghost and make a down payment on an Ocean Alexander 28E yacht.

Read Full Article
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Accounting Today broke the news on Friday, October 16, 2026.
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