Snipes out on bail

Actor pleads not guilty to tax fraud charges

After surrendering to Ocala, Fla., authorities for tax fraud, Wesley Snipes was released on Friday on $1 million bail. The actor pled not guilty to federal charges of tax evasion and filing false tax-return claims totaling almost $12 million. According to authorities, the “Blade”  star was also charged with failure to file returns from 1999 through 2004. 

 Under the terms of bail, the actor will be allowed back to Namibia to finish work on “Gallowwalker,” a zombie pic directed by Andrew Goth. Once filming is complete, Snipes must return to his California home on or before January 10 and surrender his passport.  

Snipes could be facing 16 years of prison if convicted.  

“I look forward to clearing my name and resolving this issue post haste,” said Snipes.

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