Beanie Babies Billionaire To Be Sentenced For Tax Evasion

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The billionaire creator of Beanie Babies steps before a federal judge Tuesday to learn if he’ll have to spend up to five years behind bars for evading taxes on $25 million in income.

H. Ty Warner’s sentencing will also give him a chance to apologize at length for hiding his millions in Swiss bank accounts.

The 69-year-old apologized and wiped away tears when he pleaded guilty last year. But the judge in Chicago stopped him and said he could explain himself fully at sentencing.

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