Home Page : Archive News : January 2014 News : Beanie Babies creator gets probation, no prison | |
Beanie Babies creator gets probation, no prison | |
January 14, 2014 The billionaire creator of Beanie Babies was sentenced to two years of probation, but no prison time, on Tuesday for tax evasion on $25 million in income he had stashed away in Swiss bank accounts. H. Ty Warner, 69, appeared somber but composed as he made a brief statement before receiving his sentence in a Chicago federal courtroom, apologizing and saying he felt "shame and embarrassment" for what he had done. Source: http://www.dailyherald.com/article/20140114/business/701149926/ |