Beanie Baby creator Ty Warner defends tax evasion probation sentence

Beanie Baby creator Ty Warner leaving the Dirksen Federal Building after being arraigned on federal tax evasion charges on Wednesday, October 2, 2013, in Chicago. | Chandler West/For Sun-Times Media
Beanie Baby creator Ty Warner leaving the Dirksen Federal Building after being arraigned on federal tax evasion charges on Wednesday, October 2, 2013, in Chicago. | Chandler West/For Sun-Times Media

Beanie Baby creator, and Oak Brook resident, Ty Warner avoided jail time after being found guilty on tax evasion charges, and now his lawyers are defending that decision, according to the Chicago Sun-Times:

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.

[Read the full story at the Chicago Sun-Times]

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