Beanie Babies creator defends probation sentence

Posted Thursday, Jul. 10, 2014  comments  Print Reprints
A

Have more to add? News tip? Tell us

Lawyers for the billionaire creator of Beanie Babies say a federal judge didn't let him off too easily by giving him probation and no prison time for hiding at least $25 million from U.S. tax authorities in Swiss banks.

In a 57-page filing Thursday with the U.S. 7th Circuit Court of Appeals, Ty Warner denies the judge in Chicago sent a message that there's a different standard for the wealthy.

That's the prosecutors' argument in their recent appeal asking for a do-over of Warner's sentencing. They want Warner to spend at least some time behind bars.

In sentencing him to two years of probation in January, Judge Charles Kocoras heaped praise on Warner for his charitable giving. Tuesday's filing echoes that, calling Warner "a self-made man with a generous heart."

Looking for comments?

We welcome your comments on this story, but please be civil. Do not use profanity, hate speech, threats, personal abuse, images, internet links or any device to draw undue attention. Our policy requires those wishing to post here to use their real identity.

Our commenting policy | Facebook commenting FAQ | Why Facebook?