Tax preparer Miles Burton Marshall, in alleged Ponzi scheme, makes an appearance in Madison County Court

WAMPVILLE, N.Y. (WSYR-TV) — For the first time, Madison County tax preparer and businessman in the alleged Ponzi scheme, Miles Burton Marshall, walked into the courthouse on Monday, September 15.

Marshall is facing several charges, after being accused of robbing nearly 1,000 people of their life savings over the span of almost 30 years in an alleged Ponzi scheme, promising investors a generous 8% return. He has been charged with nearly 50 counts of grand larceny, securities fraud and scheme to defraud.

He greeted his legal team with a smile after being asked if he was doing all right.

“I’m here,” Marshall said.

In court, New York Attorney General Letitia James’ legal team and Marshall’s stood before a judge to discuss how much time would be needed to review over 400,000 pages of documents that had been turned over.

“I have no idea what I’m dealing with at this point,” a member of Marshall’s legal team told the judge.

Due to the amount of evidence stacked against Marshall, he is not due back in court until March 3. He had no comment as he departed the courthouse.

A class action lawsuit against Berkshire Bank was filed last week, as well. Investor-victims have claimed the bank had knowledge of Marshall’s alleged Ponzi scheme and failed to alert authorities.

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