Former Gov. Tucker Gets Fine, Probation
Former Arkansas Gov. Jim Guy Tucker, whose shady financial deals got caught up in the Whitewater investigation, was ordered to pay $1 million for setting up a sham bankruptcy to avoid taxes. Tucker was also placed on four years’ probation for hiding the value of a cable TV business he sold in 1988. Prosecutors in Little Rock, Ark., said that if the company’s real value was known, Tucker and business partner William Marks would have been liable for an additional $2.9 million in taxes. Tucker said he would appeal the sentence.
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