Suhail Kwatra was once hailed as a “stylist to Boston’s most fabulous socialites.”
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A Boston-based former Saks Fifth Avenue stylist was indicted on a single count of larceny Thursday after he was accused of stealing hundreds of thousands of dollars from the luxury retailer in a long-running scheme.
Suhail Kwatra, 43, allegedly made fraudulent refunds, mismanaged “promo cards,” gave unpaid merchandise to clients, and abused his corporate card, authorities have said. In a complaint filed in Boston Municipal Court last December, Saks staff put the estimated loss at about $429,400…