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Tuesday, October 17, 2006

The Situation Online: Snipes indicted

Wesley Snipes has been indicted for failing to pay taxes and not filing returns.

Wesley Snipes charged with tax fraud
Actor Wesley Snipes was indicted on tax fraud charges. IRS officials allege he failed to pay tens of millions of dollars in federal income tax covering years 1999 through 2004. Snipes is also accused of allegedly filing two federal income tax refund applications illegally claiming refunds totaling nearly $12 million dollars. The actor, who starred in the "Blade" trilogy and "White Men Can't Jump", faces a maximum of 16 years in prison. Federal prosecutors have issued an arrest warrant for Snipes but authorities say they do not know where he is. Several calls to his publicist and manager went unanswered. (Read the Indictment in PDF form)

Posted By The Situation Online Producers: 10/17/2006 03:25:00 PM ET | Permalink

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