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$145M Scheme: Hudson Valley 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…
Hudson Valley Company Hits Jackpot with $7 Million Cash4Life Win
Consultant Jidderbug, a Putnam County-based liability company, has struck it rich, claiming a life-changing $1,000-a-day-for-life top prize in the Cash4Life lottery game.
New York Lottery officials said the company, located in Garrison, clinched the Cash4Life game's grand prize in the Sunday, August 18 drawing.
The win guarantees a minimum payout of $7 million, but lottery officials said the company opted for a lump sum and received $4,557,000.
The winning ticket was purchased at Smokes 4 Less in Orange County in Newburgh, sparking curiosity about whether the prize would be shared among em…
