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Tearful Beanie Babies Creator Pleads Guilty to Tax Evasion

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H. Ty Warner, creator of Beanie Babies, was charged earlier today with federal tax evasion. The charges stem from what the U.S. Attorney's Office says was an illegal offshore account the toymaker kept in Switzerland. WLS-TV reports that Warner, 69, of Oakbrook, Illinois, is accused of having failed to report to the IRS income earned from that account.
image Tearful Beanie Babies Creator Pleads Guilty to Tax Evasion Tearful Beanie Babies Creator Pleads Guilty to Tax Evasion Tearful Beanie Babies Creator Pleads Guilty to Tax Evasion Tearful Beanie Babies Creator Pleads Guilty to Tax Evasion

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