Former Edina toy company exec. sentenced in tax case

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An Edina businessman was sentenced in a St. Paul U.S. District Court to a year in prison Thursday for not paying $832,361 in employment taxes from 2008 to 2010, the Star Tribune reports.

Kim Robert Calkins, former co-owner of Princess Soft Toys, Inc., in September pleaded guilty.

The Justice Department notes that in a related case, in February 2012, Calkins’ wife and former co-owner of Princess Soft Toys, Sandra Lee Calkins, was sentenced to 66 months in prison for defrauding a bank and 42 investors out of $9 million. She was charged in April 2011, and pleaded guilty the following month.

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Sandra Calkins pleaded guilty last spring to defrauding investors out of about $9 million. The 67-year-old was the owner of the Edina-based Princess Soft Toys. MPR reports the company closed in 2010 and the brand was bought by a Connecticut-based toymaker.

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