Ex Wal-Mart Executive Pleads Guilty

Former Vice Chairman of Wal-Mart, Thomas Coughlin, has pleaded guilty to federal wire fraud and tax evasion charges. Coughlin was accused of taking fraudulent reimbursements and misusing gift cards. In addition to his seven-figure compensation, he had Wal-Mart pay for personal expenses like hunting trips, alligator boots, and contact lenses.

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