Tailor-to-the-stars Mohan “Mike” Ramchandani — who has outfitted Rudy Giuliani, Ed Koch and Knick legends Walt Frazier and Patrick Ewing — was hauled in handcuffs into a Manhattan courtroom yesterday for failing to pay nearly $3 million in sales, personal and corporate taxes.
Ramchandani’s self-described “mistakes” will eventually put him in an off-the-rack correctional jumpsuit for one to three years.
His sentencing was set for Sept. 18.
“I made several mistakes with regard to the payment of taxes and I take full responsibility for my actions,” the tax-tinkering tailor said in a written statement handed to reporters yesterday by his publicist, who accompanied him to court.
Since 2007, Ramchandani failed to pay $1.7 million in sales tax, $864,000 in corporate income tax, and $250,000 in personal income tax, according to the charges brought against him by state Attorney General Eric Schneiderman.
Ramchandani came to court in a custom-tailored, three-piece, dark navy suit, with a diagonally striped blue, red, chartreuse and gold tie and a pale lavender shirt, distinguishing himself in a crowd of rumpled hoodies and sweats.
He pleaded guilty to felony filing of false tax documents and falsifying business records. Factoring in penalties and interest, his total tax bill is $5.5 million, authorities said. He has so far paid back $750,000, and has agreed to pay the balance within 24 months, said his lawyer, James Druker.
Ramchandani, whose Mohan’s Custom Tailors is across from Grand Central Terminal on East 42nd Street, additionally faces related federal charges for failing to pay federal income tax, authorities said.
“Every man needs 15 suits — some solid, some stripes and one plaid,” Ramchandani once told a Post reporter.