Latest news with #TyWarner
Daily Mail
18 hours ago
- Health
- Daily Mail
Shocking police oversight that led to woman nearly being killed in Beanie Babies tycoon mansion
Police were warned that the Army combat veteran who violently attacked a woman at Ty Warner's mansion was 'spiraling' and 'could harm someone', his relatives claim. Russell Maxwell Phay, 42, allegedly broke into the Beanie Babies founder's $400 million Montecito estate on May 21 and beat Linda Malek-Aslanian nearly to death. Phay was arrested after a standoff with deputies during which he locked himself inside a bathroom before jumping from a second-floor window of the sprawling 6.58-acre coastal mansion in southern California. Malek-Aslanian, 60, is in a coma after suffering a brain injury during the assault. Police have not yet identified a possible motive for horrific attack, but Phay's family has now alleged that his siblings called the Colorado Department of Corrections several times to warn authorities that 'he was in crisis'. 'We left multiple messages over the course of the week expressing our fear that Russell was spiraling and could harm someone,' his relatives told NBC News. The family claims Phay, who served in the Army roughly 20 years ago, suffers from 'severe schizophrenia', which they allege transformed him from a kind person to an unrecognizable man who is 'unstable' and 'at times violent'. Phay's 'heartbroken' family have condemned his alleged 'senseless act of violence' and hit out at authorities, claiming 'this tragedy might have been preventable' had officials intervened. 'We are devastated that our efforts to sound the alarm went unanswered,' the family told the news outlet. Phay's family received worrying calls from him in the weeks leading up to the attack at Warner's estate. A sibling, who spoke to NBC on the condition of anonymity, alleged that although Phay did not make any specific threats, he 'made little sense' on during the call and failed to provide details about his whereabouts. His concerning calls prompted the family to contact corrections officials, but never heard back. The sibling claims the family did not learn that Phay had been arrested until four days after the alleged attack when he called a relative from jail. Although many of the family has distanced themselves from Phay due to 'safety' concerns, his loved ones say 'we tried to take action when we saw warning signs that he was in crisis'. Phay has pleaded not guilty to multiple charges including attempted murder, kidnapping, assault and burglary. He remains in custody at the Santa Barbara County jail and is not eligible for bail. Beanie Babies founder Ty Warner, 80, (pictured in 2013) was home at the time of the attack and unharmed, with officials saying he was 'able to escape and contact authorities' for help Phay (pictured in his 2018 mugshot) has pleaded not guilty to multiple charges including attempted murder, kidnapping, assault and burglary. He remains in custody at the Santa Barbara County jail and is not eligible for bail Phay entered Warner's home with the 'intent to commit larceny' before holding Malek-Aslanian against her will, prosecutors said in a criminal complaint. He assaulted Malek-Aslanian, whom prosecutors described as being 'particularly vulnerable', caused 'great bodily injury', the complaint added. Investigators are 'uncertain' why Phay targeted the Beanie Babies mogul's home, which is neighbored by ritzy homes belonging to dozens of stars including Prince Harry and Meghan Markle. 'It's a big house, but of course it's in an area with a lot of big houses,' Santa Barbara County District Attorney John Savrnoch told People Magazine. He added that authorities do not believe that Phay, whom Savrnoch branded a 'serious danger to society', personally knew Malek-Aslanian or Warner. Warner, 80, was home at the time of the attack and unharmed, with the district attorney saying he was 'able to escape and contact authorities' for help. The toy tycoon's relationship with the victim, a financial services expert, wasn't immediately clear. Malek-Aslanian, who according to broker records is currently employed at New York Life, did previously work for Warner's hotels division. Artist Tony Shafrazi (left) and Linda Aslanian (right) attend the 11th Annual Children Of Armenia Fund Holiday Gala at Cipriani 42nd Street on December 12, 2014 in New York City Phay has a criminal history spanning multiple states that includes guilty pleas to violent acts including assault, stalking and menacing, court records reveal. He was named in a complaint as recently as last year, after he allegedly threatened a couple over the phone. The ex-Army combat soldier was arrested in Siskiyou County in 2018 and charged with battery and assault, but the case was dismissed last year. Phay also appeared in court in 2014 after he allegedly threatened his wife and followed her across state lines after she tried to flee with their son. A violent attack against his wife resulted in a prison sentence, but his release Phay was eligible for diversion programs that targeted ex-military personnel battling mental health issues. He told The San Francisco Chronicle after his release: 'They've recognized that I am salvageable. I need treatment, and I've gotten treatment. I feel like people here understand the brotherhood.' Phay left the Army as a trained infantry combat soldier with specialized weapons training, telling the newspaper how 'I have been trained to eliminate you'. He admitted that his remark 'sounds crazy, but it is true.' Phay was expecting to serve in Kuwait, but his tour of duty expired before he could be deployed. He was ordered to remain on parole in Colorado for two years after completing a 512-day prison sentence in 2021. Phay, accused of assaulting someone with a baseball bat, pleaded guilty to felony menacing in June that year. It is unclear if he was on parole at the time of the alleged attack in Montecito, though his family members claim state corrections officials said he was. In their statement to NBC, Phay's siblings said they were 'heartbroken by the horrific incident involving our brother, Russell M. Phay, and the innocent woman who was so grievously harmed. 'Our hearts are with her, her family, and everyone affected by this senseless act of violence. We are deeply saddened by the pain and trauma caused.' They added that they are also grieving the 'brother we once knew - and the system that continues to fail so many families like ours'. Police say the investigation into the attack is ongoing.
The Independent
a day ago
- General
- The Independent
Woman in coma after violent break-in at California home of Beanie Babies billionaire, officials say
A 42-year-old Nevada man was arrested on suspicion of attempted murder and kidnapping after a woman was violently attacked during a break-in last week at a Southern California mansion owned by the Beanie Babies billionaire Ty Warner, according to authorities and court documents. The victim, named in a criminal complaint as L. Malek-Aslanian, was in a coma after suffering a brain injury during the attack May 21 at the home in coastal Montecito, northwest of Los Angeles. Warner, founder of the company that makes the stuffed toys that became a fad in the 1990s, was home at the time, but not hurt, according to the complaint obtained by the Los Angeles Times. His relationship with the victim wasn't immediately clear. Russell Maxwell Phay was arrested after a standoff with deputies during which he locked himself inside a bathroom before jumping from a second-floor window, the Santa Barbara County Sheriff's Office said in a statement. The resident of Henderson, Nevada, pleaded not guilty to multiple charges including attempted murder, kidnapping, assault and burglary. A lawyer for Phay couldn't be located and the public defender's office didn't immediately reply to an email asking whether one of its attorneys is representing him. Prosecutors said Phay had numerous prior convictions and had served time in prison or jail, but the details of his criminal history weren't immediately available, the Times said. He was being held on $100,000 bail. Officials did not identify a possible motive or say whether the suspect knew the victim. The investigation is ongoing. A message was sent Wednesday to the Santa Barbara County district attorney's office seeking an update on the victim's condition.
Daily Mail
2 days ago
- Business
- Daily Mail
Reclusive life of Beanie Babies tycoon as mysterious attack on woman in his home stuns neighbors
The Beanie Babies craze of the 1990s thrust Ty Warner into the spotlight as he dominated the children's toy market and amassed a fortune now worth $6 billion. His plush toy success enabled Warner to assemble a high-end real estate portfolio that included luxury hotels, social clubs and private estates, including a sprawling 6.58-acre mansion in southern California's celebrity enclave Montecito. But his dizzying rise to success precipitated a fall from grace, as Warner's greed ultimately led him to stash millions in Swiss bank accounts and he was ordered to pay back more than $53 million in taxes. And now the reclusive billionaire has become the talk of the town yet again, after falling victim to a bizarre crime that saw an Army combat veteran break into his estate and violently assault a guest. Russell Maxwell Phay allegedly broke into Warner's Montecito estate last week and viciously attacked 60-year-old financial services expert Linda Malek-Aslanian. She remains hospitalized and comatose after suffering a brain injury. Warner, 80, was home during the attack but 'not physically harmed', with the prosecutor saying he was 'able to escape and contact authorities' for help. It was unclear why Malek-Alsanian was at Warner's home but she has previously worked for the billionaire businessman. Phay, 42, of Nevada, allegedly invaded the property, proclaimed that he owned it, and demanded everyone leave, before attacking Malek-Aslanian and barricading himself in a second-story bathroom. He tried to evade arrest by jumping from the bathroom window, but was tackled to the ground by sheriff's deputies and K-9 officers. Phay was charged with attempted murder, burglary, kidnapping, and assault. He has pleaded not guilty and remains in custody at the Santa Barbara County jail as he is not eligible for bail. Phay entered Warner's home with the 'intent to commit larceny' before holding Malek-Aslanian against her will, assaulting her and causing 'great bodily injury', prosecutors said in a criminal complaint. The complaint also identified Malek-Aslanian as being 'particularly vulnerable'. Phay served in the military as an Army combat soldier about 20 years ago and previously claimed he was 'trained to eliminate' his enemies. He has a criminal record that includes assault and battery charges, as well as prison time for threatening his wife. Officials did not identify a possible motive and Santa Barbara County District Attorney John Savrnoch says they are 'uncertain' why Phay targeted the Beanie Babies mogul's home, which is neighbored by ritzy homes belonging to dozens of stars including Prince Harry and Meghan Markle. 'It's a big house, but of course it's in an area with a lot of big houses,' Savrnoch told People Magazine. He added that authorities do not believe that Phay, whom Savrnoch branded a 'serious danger to society', personally knew his alleged victims. Warner owns several properties in Montecito, including the lavish San Ysidro Ranch hotel which is regularly frequented by Hollywood A-listers and high-profile figures. Chris Pratt and Katherine Schwarzenegger were married at the property in June 2019, roughly nine years after the toy tycoon purchased the resort and made it part of Ty Warner Hotels & Resorts, LLC. The firm also owns the nearby Four Seasons Resort The Biltmore, but the luxury five-star hotel has been closed since the Covid-19 pandemic broke out in March 2020. The Biltmore hotel is expected to reopen this year, according to a Four Seasons press release. In addition to hotels, Warner's property portfolio - which extends beyond California - includes nearby private members clubs including The Montecito Club, Sandpiper Golf Club, and the Coral Casino Beach and Cabana Club. An annual membership at Sandpiper Golf Club ranges between $500 and $1,400, depending on the facility and membership type. Membership at Warner's extremely exclusive Coral Casino Beach and Cabana Club is limited to just 600 people and requires a referral from an existing member. Members pay an initiation fee of $300,000 and monthly dues of around $2,500. The Montecito Club, which includes access to the Coral Casino Beach & Cabana Club, has membership costing around $2,500 per month - after an initiation fee of $275,000, according to The Montecito Journal. Members living within 25 miles of the club can pay a discounted initiation fee of $3,000 and monthly dues of $175. The 80-year-old billionaire has never married or had children, but has been publicly romantically involved with several women. He lived in his Montecito mega-mansion with his longtime partner Kathryn Zimmie for a decade. But the pair split in 2020 with Zimmie suing him over alleged 'emotional and physical abuse', The New York Post reported at the time. Zimmie was seeking half of the Montecito estate, which at the time of the complaint was worth roughly $400 million. Warner's lawyer, at the time, denied Zimmie's allegations, claiming that her 'lawsuit is a money grab filled with lies'. The toy tycoon was also romantically involved with at least two women who were previously employed by his company Ty Inc. Patricia Roche was a partner at the company, according to a profile by Women's Health. She is credited with helping to turn Ty Inc. into an incredibly lucrative toy company and reportedly inspired popular Beanie Baby, Patti the Platypus. Warner also dated Faith McGowan, a divorced mother of two who worked as a lighting designer for the firm. The pair were first linked together in the 90s after Warner, whom McGowan was not a fan of, won her and her children over. She was heavily involved in the early creation of the Beanie Babies craze and her children even helped with research and development. McGowan and Warner separated in 2001, but are said to have stayed in contact until her death in 2013. The toy tycoon was among those who attended her funeral. It is unclear what Warner's relationship is with Malek-Aslanian, the financial services expert who was violently attacked at his home. Malek-Aslanian, who according to broker records is currently employed at New York Life, previously worked for Warner's hotels division. Members living within 25 miles of the Montecito Club (pictured) can pay a discounted initiation fee of $3,000 and monthly dues of $175 Warner was born in Chicago in 1944 and had a tough upbringing in an unhappy family. He claimed in later life that he had been 'a youth devoid of educational advantages'. He was sent to military school at the age of 15, before attending college in Kalamazoo, Michigan in 1962. But Warner was forced to leave his academic institution because he couldn't afford his tuition. He attempted to enlist in the military but was unsuccessful after being deemed unfit to serve due to hearing loss. His mother was later diagnosed as a paranoid-schizophrenic and he helped take care of her, working odd jobs as a busboy, bellboy, and encyclopedia salesman to make ends meet. He got his first up-close look at the toy industry during his employment at San Francisco-based Dakin, a company that produced stuffed animals and figurines. Dakin was the market leader at the time, selling almost 70 million toys a year, and Warner was the best person they had at getting their products out the door. But his 15-year tenure at the company ground to a halt in 1980 after his bosses learned that Warner, who wanted a bigger slice of the action, had begun creating his own line on the side. Warner took a three-year sabbatical to Italy, where he discovered plush toys that inspired him to form his own company, reports. He formed Ty Inc., where he launched Beanie Babies, and first introduced prototypes at the World Toy Fair in 1993 before manufacturing began in 1994. The range began with nine original Beanie Babies including Splash the Whale, Patti the Platypus, Chocolate the Moose, Squealer the Pig, Spot the Dog, Flash the Dolphin. Warner said until then toys were 'stiff and hard'. He credits part of Beanie Babies' success to the design and flexibility to 'wave, dance, and cuddle' at the will of their owner. The adorable little toys were small enough to be carried around. With a $5 price tag, Beanie Babies were also affordable enough for kids to be able to buy them with pocket money. But the key to their unrivalled success was in creating scarcity. While sales were slow initially, Warner made the inspired decision to pull back the quantities of toys on sale. He restricted stores to only carrying 36 of each character, which resulted in customers becoming obsessed with getting their hands on them while they could. He also carefully elected which characters to retire which spawned a resale market that saw the toys skyrocket in value. Sales hit more than $280 million by the end of 1996 and Warner's personal income for that year, pretax, was a whopping $90 million. The following year, he secured a collaboration with McDonald's which amplified the Beanie Babies mania. The fast food chain manufactured 100 million Teenie Beanie Babies for their Happy Meals. The promotion was expected to run for five weeks, but instead lasted only two. By 1998, more than half of America owned at least one of Warner's creations. His pretax salary skyrocketed to $700 million, with over $1.3 billion in sales. He upgraded from his home office to operating out of a 370,000-square-foot warehouse. But within another year, the novelty appeared to be waning. When a series of retirements were announced, resale prices stayed about the same. Another collection of 24 new Beanie Babies was announced, flooding the market which put collectors off. In 2000, Beanies were being flogged in three for $10 bargains and began to appear in dollar stores. Sales dropped substantially at the start of the new millennium, and in 2004 Warner's tax return claimed losses of more than $39 million. He'd made investments in the four years prior, purchasing hotels, and property including the Four Seasons Hotel in New York, the San Ysidro Ranch in Montecito, the Montecito Country Club and the Sandpiper Golf Course in Santa Barbara. Warner's success enabled him to purchase a sprawling 6.58-acre Montecito estate off Butterfly Beach where he lived from 2010 to 2020 with his former long-term partner. By 2007, he moved onto Ty Girlz, a series of dolls with unique patterns which were connected to a website, but both were discontinued in 2013. In September that year, Warner's distinguished reputation was challenged when he was charged with one count of tax evasion for failing to report more than $24.4 million in income, and evading nearly $5.6 million in federal taxes from millions hid for more than a decade in a secret account at a Swiss bank. Beanie Babies founder Ty Warner is escorted from the Dirksen US Courthouse in Chicago, Illinois, on Wednesday, October 2, 2013 after entering a guilty plea for tax evasion The toymaker pleaded guilty, admitting that between 1996 and 2008 he opened and maintained undeclared foreign bank accounts. He said he felt 'shame and embarrassment' for what he had done. Warner faced up to five years in prison, with prosecutor Michelle Petersen asking US District Judge Charles Kocoras to give Warner at least a year behind bars. He was handed two years' probation and complete 500 hours of community service for at least three Chicago high schools as well as pay a $100,000 fine. Warner also paid more than $53 million in a civil penalty, representing 50 percent of the highest balance of his unreported foreign bank accounts. His well-known philanthropic efforts, which exceed donating over $300 million to charities since the launch of Ty Inc, were considered in the judge's decision. Warner's net worth is currently valued at $6 billion and he is ranked 595 on Forbes' Billionaires list.
Toronto Sun
2 days ago
- Entertainment
- Toronto Sun
Woman in coma after violent break-in at California home of Beanie Babies billionaire, officials say
Published May 28, 2025 • 1 minute read Ty Warner, creator of Beanie Babies toys, shakes hands in a rare appearance to celebrate the 10th anniversary of the Beanie Babies toy line at the American International Toy Fair Feb. 16, 2003 at the Jacob K. Javits Convention Center in New York City. Photo by Chris Hondros / Getty Images MONTECITO, Calif. — A 42-year-old Nevada man was arrested on suspicion of attempted murder and kidnapping after a woman was violently attacked during a break-in last week at a Southern California mansion owned by the Beanie Babies billionaire Ty Warner, according to authorities and court documents. This advertisement has not loaded yet, but your article continues below. THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY Subscribe now to read the latest news in your city and across Canada. Unlimited online access to articles from across Canada with one account. Get exclusive access to the Toronto Sun ePaper, an electronic replica of the print edition that you can share, download and comment on. Enjoy insights and behind-the-scenes analysis from our award-winning journalists. Support local journalists and the next generation of journalists. Daily puzzles including the New York Times Crossword. SUBSCRIBE TO UNLOCK MORE ARTICLES Subscribe now to read the latest news in your city and across Canada. Unlimited online access to articles from across Canada with one account. Get exclusive access to the Toronto Sun ePaper, an electronic replica of the print edition that you can share, download and comment on. Enjoy insights and behind-the-scenes analysis from our award-winning journalists. Support local journalists and the next generation of journalists. Daily puzzles including the New York Times Crossword. REGISTER / SIGN IN TO UNLOCK MORE ARTICLES Create an account or sign in to continue with your reading experience. Access articles from across Canada with one account. Share your thoughts and join the conversation in the comments. Enjoy additional articles per month. Get email updates from your favourite authors. THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK. Create an account or sign in to continue with your reading experience. Access articles from across Canada with one account Share your thoughts and join the conversation in the comments Enjoy additional articles per month Get email updates from your favourite authors Don't have an account? Create Account The victim, named in a criminal complaint as L. Malek-Aslanian, was in a coma after suffering a brain injury during the attack May 21 at the home in coastal Montecito, northwest of Los Angeles. Warner, founder of the company that makes the stuffed toys that became a fad in the 1990s, was home at the time, but not hurt, according to the complaint obtained by the Los Angeles Times. His relationship with the victim wasn't immediately clear. Russell Maxwell Phay was arrested after a standoff with deputies during which he locked himself inside a bathroom before jumping from a second-floor window, the Santa Barbara County Sheriff's Office said in a statement. The resident of Henderson, Nevada, pleaded not guilty to multiple charges including attempted murder, kidnapping, assault and burglary. A lawyer for Phay couldn't be located and the public defender's office didn't immediately reply to an email asking whether one of its attorneys is representing him. Prosecutors said Phay had numerous prior convictions and had served time in prison or jail, but the details of his criminal history weren't immediately available, the Times said. He was being held on $100,000 bail. Officials did not identify a possible motive or say whether the suspect knew the victim. The investigation is ongoing. A message was sent Wednesday to the Santa Barbara County district attorney's office seeking an update on the victim's condition. Canada Music Editorial Cartoons Tennis Crime
Fox News
2 days ago
- General
- Fox News
Woman severely beaten during invasion at Beanie Babies tycoon's home: report
A man suspected of savagely beating a woman inside Beanie Babies tycoon Ty Warner's Montecito, California mansion has been charged with first-degree attempted murder and other violent crimes, according to a report. According to a criminal complaint, 42-year-old Russell Maxwell Phay of Henderson, Nevada, broke into a home owned by "T. Warner" and beat a woman identified as "L. Malek Aslanian," within inches of her life. The Santa Barbara County District Attorney's Office told NBC News that "T. Warner" is Ty Warner, the owner of Ty Inc., which manufactures the stuffed children's toys. The Santa Barbara District Attorney's Office could not immediately be reached for comment. The incident occurred on May 21. The complaint, signed by Santa Barbara County District Attorney John Savrnoch, alleges that Phay "did unlawfully and with malice aforethought attempt to murder a human being," and that he left Malek Aslanian "in a comatose state due to brain injury." He was also charged with assault with a force likely to produce great bodily injury, residential burglary with a person present, kidnapping, and obstructing or delaying a peace officer. According to a press release from the Santa Barbara County Sheriff's Office, police responded to a burglary at the home, and when they arrived, found Malek Aslanian severely beaten. Police found Phay barricaded in an upstairs bathroom. He allegedly jumped from the second story window to escape, only to be immediately captured by police with the help of a police K9. A release from Savrnoch's office says that Phay is scheduled to appear in Santa Barbara Superior Court for the first time on June 2. He is being held on $1 million bail. According to Santa Barbara County jail records, Phay is still in custody. The Santa Barbara County Sheriff's Office declined to comment. Fox News Digital reached out to the Santa Barbara Public Defender's Office. Read the criminal complaint here:
