Beanie Babies billionaire creator avoids prison, gets probation in $25M tax evasion case

  • by: MICHAEL TARM , Associated Press
  • Updated: January 14, 2014 - 7:30 PM

CHICAGO — The billionaire businessman behind Beanie Babies learned Tuesday that he won't go to prison for hiding at least $25 million from U.S. tax authorities, and the judge who gave him two years' probation instead went to great lengths to praise his charitable giving.

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