Just a simple 'job creator' making sure he can get by....
Look at the prison time, meanwhile they stop Black shoppers BUYING an expensive item in Macy's & Barneys.
Beanie Baby Billionaire Sentence Comes Amid Tax Leniency
By David Voreacos - Nov 1, 2013 12:00 AM ET .
As billionaire Beanie Baby creator H. Ty Warner awaits his sentence for offshore Swiss bank tax evasion, he may find solace in the sentences many similar felons are getting -- probation or prison terms lighter than prosecutors wanted.
Warner, the 69-year-old hotelier and maker of plush toys, pleaded guilty Oct. 2 to tax evasion related to Swiss accounts in which he held as much as $107 million.
He owes $5.6 million in taxes and a civil penalty of $53.6 million.
Under advisory guidelines for his sentencing, set for Jan. 15 in Chicago, he faces 46 months to 57 months in prison.
If he gets that much time, it would be the most of anyone sentenced for offshore tax crimes since 2008, when the U.S. Justice Department began a push against Swiss banks -- and the people who used them -- to help U.S. taxpayers hide assets from the Internal Revenue Service.
The U.S. has prosecuted 103 people, securing 62 guilty pleas and five trial convictions. Of 49 sentenced, most received probation or home confinement, according to a Bloomberg analysis of the cases, which included criminal filings and transcripts of sentencings.
Only 18 got prison time. Four of those were sentenced to a year and a day, and just two got longer terms. In almost every case examined, the defendants received sentences that were below the guideline range set at sentencing.
more:
http://www.bloomberg.com/news/2013-11-01/beanie-baby-billionaire-sentence-comes-amid-tax-leniency.html
DO SOMETHING!
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