Investigations: Cartier's Empty Box

Cartier's Empty Box

Customers have always paid premium prices for the fine jewelry, china and silverware at Cartier, the world-renowned emporium for the elite on Manhattan's Fifth Avenue. But in recent years they have apparently been getting bargains, and illegal ones at that. Law-enforcement officials charged last week that the store has been helping customers evade sales taxes, which are 8.25% in New York City. Store Manager S. Howard Warnock was indicted on 156 counts of falsifying business records, and Assistant Manager Thomas Foster was named in 124 counts. They could face a $5,000 fine and a four-year prison term for each count.

A...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!