What a way to spend your weekends for a year! Helmer Toro, the owner of the group of famed New York bagel shops H&H Bagels was indicted for tax fraud, grand larceny, falsifying records, and violating labor law back in November. And yesterday the court handed down his sentence: 50 weekends in jail and a $500,000 fine to pay back what he stole over the last six years.
Actually, it looks like they went easy on him. At the time of the original indictment, some speculated he could spend up to 15 years in prison with a $1 million fine. Don't be surprised if the cost of that everything bagel ticks up a bit.
· H & H bagel big cops to $369,000 tax fraud [NYP]
· Owner of H&H Bagels Could Face 15 Years in Prison for Tax Fraud [~ENY~]