Taxes

Prosecutors Appeal Sentence, Seek Prison for Beanie Babies Founder

For hiding millions to avoid taxes

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Federal prosecutors say they're appealing the sentence for billionaire Beanie Babies creator that included no prison time for hiding around $25 million from U.S. tax authorities.

The U.S. attorney's office in Chicago filed a notice of appeal in H. Ty Warner's case on Thursday.

At his sentencing last month, a judge went to lengths to praise Warner's charitable giving and concluded society would be better served by keeping him out from behind bars. He was sentenced to two years of probation.

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