35°F

Beanie Baby Founder Admits To Tax Evasion

CHICAGO - The creator of a popular toy pleads guilty to tax evasion.

CHICAGO - The creator of a popular toy pleads guilty to tax evasion.

Ty Warner, 69, admitted to hiding more than $24 million in a Swiss bank account.

Warner introduced the world to Beanie Babies.

Instead of paying about $5 million in taxes, he'll have to fork over $53 million in penalties.

Page: [[$index + 1]]
comments powered by Disqus

Contact Our News Room

TELEPHONE
1-815-963-2773

FAX
1-815-963-0029

ADDRESS
1917 N. Meridian Rd.
Rockford, IL 61101

E-MAIL
News Desk 

Click here for more about WQRF and WTVO.