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Bronx Tax Preparer 'The Magician' Busted By IRS In Record $100M Fraud Bronx Tax Preparer 'The Magician' Busted By IRS In Record $100M Fraud
Bronx Tax Preparer The Magician Rafael Alvarez IRS Fraud A Bronx tax preparer known as "The Magician" was arrested by IRS agents for a $100 million tax fraud that federal authorities said was one of the largest ripoffs of its kind. Rafael Alvarez, 60, submitted thousands of bogus tax returns over a 10-year period, Southern District of New York U.S. Attorney Damian Williams said. It was one of the single biggest tax ripoffs by a single tax preparer in history, federal authorities announced on "Tax Day" Monday, April 15. And it allowed Alvarez to pull in $15 million in revenue in just three years, Williams said. It also won Alvarez his sleight-of…