Former Gov. Tucker Gets Fine, Probation
- Share via
From Times Wire Reports
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.
More to Read
Sign up for Essential California
The most important California stories and recommendations in your inbox every morning.
You may occasionally receive promotional content from the Los Angeles Times.