Federal Judge Cuts Ex-Governor's Restitution - KAIT Jonesboro, AR - Region 8 News, weather, sports

Little Rock, AR

Federal Judge Cuts Ex-Governor's Restitution

December 11, 2003 - Posted at 8:04 a.m. CDT

 

LITTLE ROCK, AR - A federal judge has cut the amount of back taxes owed by former Governor Jim Guy Tucker in a Whitewater case.  Tucker had been ordered to pay $1 million.  But the amount was cut to $63,000 after prosecutors acknowledged a different law should have been used to calculate damages.

Tucker and two co-defendants pleaded guilty to conspiring to impeding the Internal Revenue Service.  Prosecutors say the three arranged a sham bankruptcy to reduce their tax liability on the sale of a cable television business in 1988.

At issue was which law should have been used to establish the amount of taxes owed.

Tucker told The Associated Press that the government's acknowledgement that the newer law should be used also meant that Whitewater prosecutors, either deliberately or accidentally, misled grand jurors by using the old law when pursuing his indictment in 1995.

Former deputy Whitewater prosecutor W. Hickman Ewing says documents show an intent to break the law by Tucker.

(Copyright 2003 by The Associated Press.  All Rights Reserved.)

  • Region 8 News</span><a class="customMoreLink" href="/Global/category.asp?C=4391" target="_top">More >></a>Region 8 NewsMore>>

  • A Family for Me: Alex

    A Family for Me: Alex

    Friday, February 23 2018 9:08 PM EST2018-02-24 02:08:56 GMT
    Friday, February 23 2018 10:49 PM EST2018-02-24 03:49:43 GMT
    10-year-old Alex is looking for a home. (Source: KAIT-TV)10-year-old Alex is looking for a home. (Source: KAIT-TV)
    10-year-old Alex is looking for a home. (Source: KAIT-TV)10-year-old Alex is looking for a home. (Source: KAIT-TV)

    This week, Region 8 News' Ryan Vaughan had the opportunity to talk with 10-year-old Alex. 

    This week, Region 8 News' Ryan Vaughan had the opportunity to talk with 10-year-old Alex. 

  • Road closed due to accident

    Road closed due to accident

    Friday, February 23 2018 10:29 PM EST2018-02-24 03:29:50 GMT
    Friday, February 23 2018 10:38 PM EST2018-02-24 03:38:30 GMT
    (Source: KAIT)(Source: KAIT)

    A major road in Cleburne County is closed through Saturday, emergency officials said. 

    A major road in Cleburne County is closed through Saturday, emergency officials said. 

  • Highways across Region 8 closed for high water as rain continues

    Highways across Region 8 closed for high water as rain continues

    Friday, February 23 2018 10:29 PM EST2018-02-24 03:29:20 GMT

    The showers continue to fall, pushing this to maybe be the wettest February on record for Jonesboro. As the rain continues, the significantly high water levels are causing problems for roads and highways across the area. 

    The showers continue to fall, pushing this to maybe be the wettest February on record for Jonesboro. As the rain continues, the significantly high water levels are causing problems for roads and highways across the area. 

Powered by Frankly