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IPFS News Link • TAXES: Federal
Action star Wesley Snipes 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.
Snipes
had faced up to 16 years in prison if convicted on all charges, but can
now only get up to three years. The “Blade” star and two co-defendants
had been indicted in 2006 after Snipes stopped paying, using tax
protest arguments long rejected by the courts.
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