Wesley Snipes Acquitted of Tax Fraud

OCALA, Fla. (AP) - From Ocala today, action star Wesley Snipes
has been found not guilty of federal tax-fraud and conspiracy
charges. But he was convicted on three misdemeanor counts of
failing to file a tax return.
Snipes and two co-defendants were indicted in 2006. Snipes faced
six additional counts of willful failure to file a tax return from
1999 to 2004, a period in which he signed two contracts for more
than ten million dollars on sequels in the "Blade" trilogy. He
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 Rosile, a delicensed accountant, were convicted
by the same jury of tax fraud and conspiracy.

(Copyright 2008 by The Associated Press. All Rights Reserved.)