BENTONVILLE, Ark. - Thomas Coughlin, the former Wal-Mart Stores vice chairman who was second-in-command of the world's largest retailer and a friend of company founder Sam Walton, pleaded guilty last week to five counts of federal wire fraud and one count of tax evasion in the theft of as much as $500,000 in company funds. In a dramatic conclusion to the case, Coughlin admitted before U.S. District Judge Robert T. Dawson in Fort Smith, Ark., that he had a subordinate, former Director of ...
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