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U.S. prosecutors to appeal probation for Beanie Babies creator
Source: Reuters
U.S. prosecutors to appeal probation for Beanie Babies creator
BY MARY WISNIEWSKI
CHICAGO Thu Feb 13, 2014 7:04pm EST
(Reuters) - U.S. prosecutors on Thursday filed an appeal of the sentence of probation that kept billionaire Beanie Babies soft toy creator Ty Warner out of jail for his conviction on tax evasion.
Warner pleaded guilty in October to tax evasion and in January was sentenced in U.S. District Court in Chicago to two years probation and at least 500 hours community service that includes mentoring high school students.
The U.S. government filed a "notice of appeal" to the United States Court of Appeals for the Seventh Circuit over the January 15 sentencing order, according to court documents.
Prosecutors had argued that Warner, ranked as the 209th richest American by Forbes magazine with a reported net worth of $2.6 billion in 2013, should be sentenced to time in prison. Federal sentencing guidelines called for a prison sentence of up to five years.
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BY MARY WISNIEWSKI
CHICAGO Thu Feb 13, 2014 7:04pm EST
(Reuters) - U.S. prosecutors on Thursday filed an appeal of the sentence of probation that kept billionaire Beanie Babies soft toy creator Ty Warner out of jail for his conviction on tax evasion.
Warner pleaded guilty in October to tax evasion and in January was sentenced in U.S. District Court in Chicago to two years probation and at least 500 hours community service that includes mentoring high school students.
The U.S. government filed a "notice of appeal" to the United States Court of Appeals for the Seventh Circuit over the January 15 sentencing order, according to court documents.
Prosecutors had argued that Warner, ranked as the 209th richest American by Forbes magazine with a reported net worth of $2.6 billion in 2013, should be sentenced to time in prison. Federal sentencing guidelines called for a prison sentence of up to five years.
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Read more: http://www.reuters.com/article/2014/02/14/us-usa-crime-beaniebabies-idUSBREA1D00920140214
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