# Four Texans Indicted in $200M Tax Scheme

> Four Texas residents face federal charges after allegedly sheltering $1.5B in income through fake trusts.
- Title: Four Texans Indicted in $200M Tax Scheme · Dallas Express
- Summary: Four Texas residents face federal charges after allegedly sheltering $1.5B in income through fake trusts. Four Texans were indicted for a tax scheme that…
- Keywords: duncan john macdonald, sarah duren, richard ronald cayce, thomas weickgenant, tax shelter, federal tax scheme, rolls royce ghost, yacht, news, politics, Four, Texans
- Source: Dallas Express — https://dallasexpress.com/crime/rolls-royce-yacht-and-200m-tax-scheme-four-texans-indicted
- Author: Dallas Express
- Published: 2026-10-19T17:00:07+00:00
- Read time: 1 min
- Topics: duncan john macdonald, sarah duren, richard ronald cayce, thomas weickgenant, tax shelter, federal tax scheme, rolls royce ghost, yacht, news, politics
## Indictment Details
Federal prosecutors allege four texas residents promoted a fraudulent trust scheme to shelter over $1.5 billion in income from taxation.
## Luxury Purchases Alleged
MacDonald diverted $2 million in investor funds to purchase a rolls royce ghost and make a down payment on a yacht.
## How the Scheme Worked
Defendants sold high-income clients complex trust arrangements that purportedly shielded 90% of their income from taxation while allowing them to retain asset control.
## Tax Evasion Charges
All four face conspiracy to defraud charges, with some facing up to five years in prison if convicted.
## Specific Charges
MacDonald and Duren face tax evasion charges carrying up to five years per count, while Cayce faces four counts of filing false returns.
## IRS Involvement
Weickgenant allegedly obstructed irs audits by instructing clients not to speak with investigators.
## Key takeaway

Four Texans were indicted for a tax scheme that allegedly sheltered $1.5 billion in income from taxes.