$145M Scheme: Cortlandt Manor Man Known As 'Magician' Admits To One Of Largest Ever Frauds
A Northern Westchester man who earned the nickname “The Magician” for his ability to slash tax bills has pleaded guilty to orchestrating a massive $145 million fraud scheme that spanned a decade, federal officials announced.
Rafael Alvarez, age 61, of Cortlandt Manor, entered the plea in Manhattan federal court on Tuesday, Dec. 17, after being charged with conspiracy to defraud the US and aiding the preparation of false tax returns, according to Edward Y. Kim, Acting US Attorney for the Southern District of New York.
Alvarez, the CEO and owner of ATAX, a Bronx-based tax preparation bu…
Luxury French Department Store Printemps Set To Open First US Location in NYC
A touch of Parisian luxury will soon be arriving in America.
Printemps, the iconic French department store, is prepares to open its first US location in the spring of 2025.
The new store, which will be located in Manhattan, will occupy 55,000 square feet within the historic One Wall Street building in the Financial District, blending classic architecture with modern elegance.
Founded in 1865, Printemps is celebrated for its high-end fashion, beauty, and lifestyle offerings.
The Manhattan location aims to capture the spirit of its flagship Paris store, showcasing a carefully cu…