Glen Rock Accountant Admits $10M Ponzi Scheme, Bank Fraud, Feds Say
A Bergen County accountant and tax preparer admitted in federal court Tuesday, Feb. 17, to running a Ponzi and bank fraud scheme that bilked victims out of more than $10 million, authorities said.
Evangelos Drosos, 51, of Glen Rock, pleaded guilty before U.S. District Judge Michael A. Shipp in federal court in Trenton to three counts of wire fraud, one count of bank fraud, and one count of failure to file an individual income tax return, Senior Counsel Philip Lamparello said.
Drosos was first charged by the Bergen County Prosecutor's Office last April with stealing nearly half a m…
