Hey! The crumble of the brick and mortar shops seems to be accelerating. Now, even the on-line shops could be thinning. I am speaking of the latest legal issues with Hank Lee, as reported by Boston media.
http://www.thebostonchannel.com/r/30805445/detail.html Harry P. Levy, the owner of Hank Lee’s Magic Factory, admitted he made 134 false transactions between 2009 to 2011 on a customer’s American Express card totaling $561,927, according to a stipulation of facts signed by Levy and prosecutors. The document was filed in Federal Court in Boston Friday, March 30th. Levy has agreed to plead guilty to credit card fraud and making false statements, and in exchange prosecutors won’t charge him with wire fraud or aggravated identity theft, according to a plea agreement. Levy faces a total of up to 20 years in prison on the charges. Prosecutors will seek a sentence at the “low end of sentencing guidelines,” and to have Levy ordered to pay restitution to the victim, according to the plea agreement.