Friday, February 01, 2008

Former Wal-Mart executive receives no prison time

Former Wal-Mart executive Tom Coughlin could have been sentenced to 28 years in prison after pleading guilty to fraud and tax evasion, but instead he will not serve any time at all:

Coughlin, 58, thanked U.S. District Judge Robert Dawson after the judge heard testimony on Coughlin's health problems, including heart trouble, hypertension, and diabetes. Dawson added only the community service to the sentence he first imposed in 2006, which included 27-hours of home detention, five-years probation, a $50,000 fine, and $400,000 restitution.

In sentencing Coughlin, the judge said Coughlin had a history of community service, no criminal record and has medical problems. Dawson promised a 30-page sentencing memorandum elaborating on his reasoning.

Coughlin was accused of stealing gift cards and having the Bentonville-based company cover the cost of other items, for a total loss that Wal-Mart estimated at about $500,000.

1 comment:

Anonymous said...

Once again money talks. Tom will just throw another "trail ride" for charity and claim it took 1500 hours to plan and execute it, all the while hiring someone to do it for him.