Seventh Circuit Judges Reluctant to Intervene In Sentencing of Beanie Babies Billionaire

Sept. 19, 2014, 4:00 AM UTC

A panel of federal appeals court judges expressed skepticism about a Justice Department petition for resentencing in the federal tax evasion prosecution of Chicago billionaire H. Ty Warner, who pleaded guilty last year to sheltering more than $100 million in a Swiss bank account (United States v. Warneroral arguments).

The U.S. Court of Appeals for the Seventh Circuit on Sept. 17 listened to oral arguments in which federal prosecutors called for a re-evaluation of a district court order that spared Warner a prison term, despite his involvement in what the government regarded as one of the most egregious ...

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