A prominent stylist for Saks Fifth Avenue known for his connections to Boston’s “most fabulous socialites” is being accused of stealing nearly $430,000 worth of goods from the luxury retailer.

Suhail Kwatra, 43, the self-styled “Fashion Whisperer of Boston” whose clientele included the wife of Red Sox legend David Ortiz , is denying allegations that he processed fake returns for expensive items that clients ordered but never picked up.

Kwatra, a graduate of New York’s Fashion Institute of Technology, is alleged to have turned those refunds into gift cards — which he then allegedly used to buy things for himself.

According to court document, Kwatra misused promo cards, gave away merchandise that wasn’t paid for and abused a company credit card.

In all, the fraud cost the company $

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