Like no other bagel in the world…

New York Magazine reports that the owner of H&H Bagels - my personal fave bagel ever - has been indicted on tax fraud charges and faces a maximum sentence of 15 years in prison and $1 million in fines:

It seems it wasn’t a case of absentmindedness, since [Helmer] Toro is said to have set up six different shell companies in order to keep his unemployment insurance costs down.

If the allegations are true, why would a guy like this, presumably very rich, risk everything to save $370K in payroll withholdings?  Bad legal advice?

It just doesn’t seem sensible to me.