Wal-Mart Exec Pleads Guilty to Fraud, Tax Evasion
Tom Coughlin, a protege of Sam Walton, pleaded guilty to fraud and tax evasion today in federal court and faces up to 28 years in prison.
Coughlin admitted stealing money, gift cards and store merchandise for his personal use. His acts were discovered by Wal-Mart lawyers who turned him in to the feds.
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