WESLEY SNIPES ACQUITTED OF TAX FRAUD, BUT MAY STILL SERVE TIME » Wesley Snipes was acquitted of tax fraud in a Florida courtroom on Friday, but was convicted of failure to file taxes. Snipes, who was convicted of three misdemeanor counts of failing to file a tax return on his income that amounted to millions of dollars. As he left the court room, he said: “I’m feeling great – a little confused, but great.” When asked if he is worried about going to prison, he replied, “I don’t know. It’s nice to be out here with you right now. We live in the moment.” He was acquitted of two felonies, including conspiracy to commit tax fraud. He was also acquitted of three misdemeanor counts of willful failure to file a tax return. Snipes now faces up to three years in federal prison, which is a lot better than facing a possible 16-year prison sentence, had he been convicted of failure to file taxes.
And speaking of “failure to file taxes,” another celebrity might be in trouble! Word on the sidewalk is that Fat Joe might owe over $150,000 in back taxes to the IRS.
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