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Business: Artful Dodgers: The billionaires who cheated on their taxes

Source: Forbes

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That almighty agent of the government added another scalp to his bag last week when Ty Warner, the Beanie Babies baron, plead guilty to tax evasion in a tearful moment inside a downtown Chicago courtroom. Warner, who hid as much as $107 million in an offshore account, agreed to pay $53 million in civil penalties. He now faces up to five years in jail, his sentencing expected to follow in January.

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