Tailor To The Stars Mohanbhai Ramchandani Pleads Guilty To Tax Fraud
NEW YORK (CBSNewYork/AP) — A New York City tailor who counted star athletes among his clients has pleaded guilty to skirting about $2 million in sales and income taxes.
State Attorney General Eric Schneiderman says Mohanbhai Ramchandani pleaded guilty on Tuesday.
His company, Mohan’s Custom Tailors, Inc., has claimed athletes including Patrick Ewing and Darryl Strawberry among its clients.
Schneiderman said Ramchandani and his business failed to pay at least $1.7 million in state and local sales taxes since 2002. From 2007 to 2009, he failed to pay at least $256,000 in personal income taxes.
He also pleaded guilty to filing false tax returns.
Authorities said a whistleblower first raised concerns.
Ramchandani could face up to three years in prison. He’s agreed to pay $5.5 million to settle civil claims.
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