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Tax Fraud

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$100M Scheme: NY Man Known As 'Magician' Nabbed In One Of Largest Ever Frauds $100M Scheme: NY Man Known As 'Magician' Nabbed In One Of Largest Ever Frauds
$100M Scheme: NY Man Known As 'Magician' Nabbed In One Of Largest Ever Frauds A New York man known as "the Magician" has been charged in connection with one of the largest-ever tax fraud schemes by a tax preparer, federal officials announced. Northern Westchester County resident Rafael Alvarez, of Cortlandt Manor, has been charged in connection with a $100 million tax fraud scheme involving tens of thousands of federal individual income tax returns with false information, the US Attorney's Office for the Southern District of New York announced on Monday, April 15.  According to federal officials, from 2010 to 2020, Alvarez, also known as "the Magi…

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by Ben Crnic
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Jury Finds Trump Organization Guilty On All Counts In NY Tax Fraud Case Jury Finds Trump Organization Guilty On All Counts In NY Tax Fraud Case
Jury Finds Trump Organization Guilty On All Counts In NY Tax Fraud Case A New York jury has found former President Donald Trump’s company guilty of all charges in a tax fraud scheme that prosecutors said spanned more than a decade. Jurors deliberated for just over a day before finding the Trump Organization guilty on 17 counts, including criminal tax fraud, conspiracy, and falsifying business records, in State Supreme Court in Manhattan Tuesday, Dec. 6. Manhattan District Attorney Alvin Bragg said the scheme was orchestrated by “high managerial agents”, including chief financial officer Allen Weisselberg and controller Jeffrey McConney. BREAKING: For the …

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by Michael Mashburn
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Doctor From Watervliet Sentenced for Filing False Tax Returns, Ordered To Pay $245,212 Doctor From Watervliet Sentenced for Filing False Tax Returns, Ordered To Pay $245,212
Doctor From Watervliet Sentenced for Filing False Tax Returns, Ordered To Pay $245,212 A New York doctor will avoid prison after admitting that he filed false tax returns. Albany County resident Ehab Kodsi, age 56, of Watervliet, was sentenced to pay $245,212 in restitution and pay an additional $25,000 fine Thursday, Nov. 3, in federal court in Albany. The sentence followed Kodsi’s guilty plea to filing a false tax return and admission that he deliberately underreported revenue from both his pain management company in Queensbury, in Warren County, and his real estate company between 2015 and 2018. He was also accused of improperly deducting personal and business expenses.…

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by Michael Mashburn
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Employee At NY Pharmaceutical Company Admits To Embezzling $1.38M, Tax Fraud Employee At NY Pharmaceutical Company Admits To Embezzling $1.38M, Tax Fraud
Employee At NY Pharmaceutical Company Admits To Embezzling $1.38M, Tax Fraud A former employee at a New York pharmaceutical company has admitted to embezzling nearly $1.5 million and committing tax fraud. Long Island resident Maria Porras, age 32, pleaded guilty to multiple counts of grand larceny and tax fraud Friday, Sept. 30, in Nassau County court. Prosecutors said Porras worked as an officer manager at RxUSA in Port Washington, where her duties gave her access to the company’s bookkeeping system. Over a five-year period between 2015 and 2019, she generated checks written from RxUSA’s account and from the accounts of two other affiliated companies, Eveready Wh…

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by Michael Mashburn
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Doctor From Watervliet Admits To Filing False Tax Returns Doctor From Watervliet Admits To Filing False Tax Returns
Doctor From Watervliet Admits To Filing False Tax Returns A doctor from the Capital District is facing prison time after admitting to filing false tax returns, the US Attorney’s Office said. Ehab Kodsi, age 56, of Watervliet, pleaded guilty to the charge Wednesday, May 4, in Albany federal court. Prosecutors said between 2015 and 2018, Kodsi underreported revenue from both his pain management clinic in Queensbury, in Warren County, and his real estate company. He was also accused of improperly deducting personal and business expenses. “Kodsi did not report income received from third parties reimbursing services provided by his pain management cl…

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by Michael Mashburn