Wesley Snipes is out of prison. TMZ
broke the story that the Federal Bureau of Prisons quietly released him
on the 2nd of April 2013. He’s not in the wind, though, but was transferred to the New York Community Corrections Office for home confinement until July 19th..
What a ride it’s been, starting in 2006. Mr. Snipes was convicted of three misdemeanor counts of failing to file tax returns in 2008. Sentenced to McKean Federal Correctional Institution,
a medium-security prison in Pennsylvania, he reported December 9,
2010. He finished at the adjacent prison camp, a minimum security Club Fed as inmate number 43355-018.
During 1999 through 2001, Snipes avoided $7 million in
taxes but I’ll bet he would have paid it willingly had he known what was
coming.
Snipes was such a well-known figure and high earner—about $40 million
from 1999 to 2004—that not paying taxes was hard to fathom. The big
victory for Snipes was that he was acquitted of felony tax fraud.
www.forbes.com
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