Tucker’s Ex-Partner Admits to Tax Fraud
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Ex-Gov. Jim Guy Tucker’s ex-business partner pleaded guilty to a Whitewater fraud charge that accused him and Tucker of arranging a sham bankruptcy that saved them $2 million in taxes. Boston businessman William J. Marks Sr. said Tucker and Tucker’s lawyer--who are scheduled for trial this winter--used falsified documents to understate the value of cable television systems Marks and the former governor owned in Texas and Florida. Marks told U.S. District Judge Stephen M. Reasoner in Little Rock, Ark., he had full knowledge of the plan. Tucker, then governor, was sentenced to 18 months’ home detention after being convicted in a separate Whitewater case last year.
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