Felon Rigged $1.5 Billion Tax Shelter Then Bought Rolls, US Says

A Texas felon has been charged in the U.S. with running a tax shelter scheme that helped wealthy clients hide more than $1.5 billion in income from the IRS. Prosecutors say the defendants used the proceeds to purchase a 2021 Rolls-Royce Ghost and put down payments on an Ocean Alexander 28E yacht. The case centers on Duncan John MacDonald, along with three others, who are accused of designing and benefiting from the plan. If convicted, the allegations could carry significant penalties, while the charges also underscore how prosecutors continue to target large-scale, high-value tax evasion operations.