H&H Owner Indicted on Tax-Fraud Charges

Photo: Ty Hewitt

H&H; reopened shortly after it was seized for non-payment of taxes back in May, but that wasn’t the last of it. City Room reports today that owner Helmer Toro has been indicted on tax-fraud charges stemming from his alleged failure to fork over $370,000 in payroll withholdings to state and federal tax authorities. It seems it wasn’t a case of absentmindedness, since Toro is said to have set up six different shell companies in order to keep his unemployment insurance costs down. Toro is facing a maximum of fifteen years in prison and $1 million in fines. And now we know why Mayor Bloomberg chose Fairway’s bagels as the best in New York.

Bagel Shop Owner is Indicted [City Room/NYT]