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SEP 18, 2013 - Huffington Post

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Ty Warner Tax Evasion: Beanie Babies Creator To Plead Guilty Over Secret Off-Shore Account

Just days after Forbes listed him as one of the world's wealthiest people, Ty Inc. CEO and Beanie Babies creator Ty Warner has agreed to plead guilty to federal tax evasion charges. "This is an unfortunate situation that Mr. Warner has been trying to resolve for several years now, including through an attempt to enroll in the IRS's Offshore Voluntary Disclosure Program in 2009,” Gregory Scandaglia, Warner's attorney, said in a statement. “Mr. Warner accepts full responsibility for his actions with this plea agreement.” Though his wealth was recently listed as $2.6 billion according to ... Read More

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