Sunday, February 1st-1.4°C
24624
23931

Feds want do-over of Beanie Baby creator's sentencing, say Ty Warner should serve prison time

CHICAGO - Prosecutors say a judge erred by letting the billionaire creator of Beanie Babies off with no prison time for hiding millions from U.S. tax authorities in Swiss banks. They want the U.S. 7th Circuit Court of Appeals in Chicago to order that he be resentenced.

They argue in an appeal filed Friday that the tax evasion H. Ty Warner pleaded guilty to called for a stint behind bars. At his January sentencing, they asked that the 69-year-old be imprisoned for at least a year.

But Judge Charles Kocoras heaped praise on the toymaker for his charitable giving. Kocoras said society was better served by giving Warner two years' probation.

In their 55-page appeal, prosecutors said Warner's light sentence could send a message that there's a different standard for the wealthy.

The Canadian Press


Read more Business News

24353


Recent Trending




Today's Market
S&P TSX14673.48+37.521
S&P CDNX676.81+9.70
DJIA17164.95-251.90
Nasdaq4635.24-48.167
S&P 5001994.99-26.26
CDN Dollar0.7856-0.0067
Gold1286.60-5.10
Oil49.60+3.16
Lumber322.50+0.70
Natural Gas2.87-0.111

 
Okanagan Companies
Pacific Safety0.120.00
Knighthawk0.010.00
QHR Technologies Inc1.400.00
Cantex0.035-0.005
Anavex Life Sciences0.174-0.006
Metalex Ventures0.040.00
Russel Metals23.42-0.16
Copper Mountain Mining0.99+0.01
Colorado Resources0.150.00
ReliaBrand Inc0.01+0.0031
Sunrise Resources Ltd0.050.00
Mission Ready Services0.2350.00

 



23916

FEATURED Property
21836473144 10th ave
$420,000
more details
image2image2image2
Click here to feature your property
Please wait... loading


Leaving a job: changing careers

Many people, who find themselves out of work and with time on their hands, and money in their pockets due to lay-off, start thinking about a career change. If you weren’t happy with the directio...


Service fit makes happy employees

Finding the right employees for the front lines of your company is key to developing a great service attitude within your company. It is just as important as hiring the right accountant, manager, sale...


How to price: workbook approach

In 2008 Self Counsel Press published my book - Pricing Strategies for Small Business. The book is now available in Europe, India, Russia and the United States. The purpose of the book was to make avai...

_








Member of BC Press Council


24975