the "Olenicoff Defense" to convince the judge that Warner did not deserve the year-and-one-day prison sentence recommended by prosecutors. The defense was based on the government's treatment of Igor Olenicoff, a California real estate tycoon. The lawyers cited Olenicoff for getting off without a jail sentence when he was sentenced for tax evasion via offshore accounts. Warner's pre-sentencing report that called for a jail sentence said his offshore account was the biggest ever found. In fact, the lawyers pointed out, Olenicoff had $240 million stashed offshore. The Olenicoff defense worked. On January 14, 2014, District Court Judge Charles P. Kocoras sentenced Warner to two years' probation and 500 hours of community service. The judge rejected the prosecution's recommendation for jail time of one year and one day, to serve as a deterrent to other tax cheats. Olenicoff, who also got two years' probation and community service, pleaded guilty to filing a false tax return—a felony. Warner pleaded guilty to the more serious charge of tax evasion. Personal life Two of Warner's long-term girlfriends (Patricia Roche and Faith McGowan) were closely involved in the operations of Ty, Inc. during the development and success of Beanie Babies. However, he never married and has no children. Warner maintains a low public profile, rarely granting media interviews or releasing personal or company information. See also The World's Billionaires References External links Ty, Inc. website 1944 births Living people American billionaires American people convicted of tax crimes Philanthropists from Illinois Beanie Babies Businesspeople from Chicago Businesspeople from Los Angeles Toy inventors