Butcher Gets 14 More Years

Jake Butcher, a two-time candidate for governor and 1982 World’s Fair chairman, pleaded guilty today to four counts of income tax evasion and received a 14-year prison term to run concurrently with a previous 20-year sentence for bank fraud.

U.S. District Judge William Bertelsman said Butcher, a rags-to-riches banker, had been trusted with tremendous responsibility but had misused his talents and the maximum possible sentence was required. Prosecutors had alleged that Butcher failed to report $38.5 million in income from 1978 to 1982.