Small Town’s Trusted Financial Figure Exposed in $95 Million Ponzi Scheme
Miles ‘Burt’ Marshall, once a trusted figure in upstate New York, now faces charges for orchestrating a $95 million Ponzi scheme that shattered the financial security of nearly 1,000 investors in a close-knit community.

In the quiet college town of Hamilton, New York, where trust and community ties run deep, the unraveling of Miles "Burt" Marshall's financial empire is a cautionary tale with far-reaching consequences. For decades, Marshall was the go-to man for locals seeking a safe and prosperous investment right at home. His promise? An unwavering 8% annual return on investments backed by local rental properties. How Does Trust Become Exploitation? Marshall’s friendly demeanor and deep roots—his family name long respected in the area—masked what authorities now identify as a meticulously engineered Ponzi scheme. Nearly 1,000 investors from professors to retirees trusted him...
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