The Food Biz: A replacement on the Roundabout

Tuesday, May 26, 2009 at 12:28am
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A 2003 Maserati Coupe. Photo from the Maserati Press Office

Diners in the Demonbreun area who miss the now defunct In Dyer Need Café, which formerly occupied the space on the ground floor of the Roundabout Plaza office building, can take some solace in a new option. A small outpost of another local eatery has opened in its place.

Panzo Jersey Italian Café will serve as a beachhead of Panzo Jersey Italian Kitchen, located on Columbine Place in the Berry Hill area. The café caters in large measure to the occupants of the office building — we’re looking at you, Boult Cummings attorneys — and features sandwiches and the like along with other Italian offerings that will be made daily at the mother store.

Panzo’s new location will be open weekdays from 7 a.m. to 3 p.m.

Feds want Tangredi’s wheels

And we’ll be taking that, too.

Federal authorities recently were granted an arrest warrant in the case of fallen restaurateur Michael D. Tangredi — but not against any of the parties in the case, just their car.

The 2003 Maserati Coupé, like the one pictured above, was seized as part of an ongoing action against members of the family. Authorities assert that it was bought with ill-gotten gains from their alleged $1.2 million credit-card fraud scheme.

Tangredi, his son Michael G. Tangredi and their now-bankrupt company, M. Tangredi Restaurants Inc., have been accused by American Express of operating "a fraudulent credit-card factoring scam" to steal money through bogus card charges.

No federal criminal charges have been brought against any of the Tangredis, although the younger Tangredi was indicted in March on state charges of sales tax evasion and forgery. The case from AmEx remains pending.

Secret Service Agent David A. Fox, who has been assisting the U.S. Attorney’s Office with the investigation, said in an affidavit appended to the filing, "probable cause exists to believe that Michael G. Tangredi and Michael D. Tangredi were involved in wire fraud and credit-card fraud." He also states that he has "probable cause to believe that the Maserati was purchased with funds that were fraudulently obtained from American Express."