It looks like Fox News may need to hire a new business expert!
According to a press release issued this morning by the Oklahoma Attorney General's office, Ryan Tate and his dad Richard – the greedy, sinister villains behind the once-proud and very shady Tate Publishing empire – have both been arrested and indicted on eight felony charges!
Here are all the details:
Attorney General Hunter Files Charges on Ryan and Richard Tate
OKLAHOMA CITY – Oklahoma Attorney General Mike Hunter today filed eight felony charges and one misdemeanor charge against Ryan and Richard Tate for alleged fraudulent business practices the two conducted while operating their businesses, Tate Publishing and Tate Music Group.
The charges include four felony counts of embezzlement, one felony count of attempted extortion by threat, two felony counts of extortion by threat, one felony count of racketeering and one misdemeanor count of embezzlement.
Yeah, that sound you just heard was Tate Employees, book authors and the entire province of Cebu in the Philippines all popping open bottles of champagne at the same time. I'm sure this is an amazing day for all of them.