Wesley Snipes beats the rap

Actor Wesley Snipes was acquitted of tax fraud, but convicted of the lesser charge of failing to file a tax return. Wesley Snipes - © Chris Hatcher / PR Photos

Wesley Snipes - © Chris Hatcher / PR PhotosSnipes was found not guilty of federal tax-fraud and conspiracy charges Friday, but was convicted on three misdemeanor counts of failing to file a tax return.The Miami Herald reports that Snipes and his two co-defendants were indicted in 2006, and that Snipes faced six additional counts of willful failure to file a tax return from 1999-2004, a lucrative time for him in which he inked two contracts for over $10 million on sequels in the "Blade" trilogy. Snipes was acquitted on three of those and convicted on the others. He could be sentenced to three years in prison after originally facing a possible 16 years.
Co-defendants Eddie Ray Kahn, the founder of a tax protest group, and Douglas P. Rosile, a delicensed accountant, were convicted by the same jury of tax fraud and conspiracy.

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