A Bronx tax preparer was charged with 35 counts of fraud, money laundering, and grand larceny in a Ponzi scheme worth around $4.6 million. Robert H. “Bob” Van Zandt faces as many as 25 years in prison if he is convicted of all charges. Prosecutors said on Monday that several dozen New Yorkers were victimized in the scheme, according to New York Attorney General Eric Schneiderman’s office. “Money laundering and securities fraud are serious crimes, and when someone abuses the trust built upon longstanding relationships to steal individuals’ life savings, our office will prosecute that person to the fullest extent of the law,” Schneiderman said in a statement. Read the Epoch Times report here.
