Pursuits

Beanie Baby Creator Pleads Guilty to Swiss Bank Tax Dodge

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H. Ty Warner, the creator of Beanie Babies plush toys, pleaded guilty to failing to pay taxes on money he hid from the U.S. in a Swiss bank account.

Warner, who was charged with a single count of tax evasion last month, entered his plea today before U.S. District Judge Charles P. Kocoras in Chicago.