New York tax preparer called ‘the Magician’ charged for tax fraud of $145m

In the decade-long scheme, Rafael Alvarez provided false documents that reduced individuals’ tax burden

A New York tax preparer known as “the Magician” has pleaded guilty to filing tens of thousands of false tax returns costing the government $145m in tax loses.

Rafael Alvarez perpetrated and oversaw one of the largest ever tax frauds by a return preparer, according to prosecutors in the southern district of New York.

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