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From NYPost.com:

Wesley Snipes can’t seem to get anything right when it comes to his personal finances.

The notorious star of the hit “Blade” trilogy found a new kind of fame last year when he was sentenced to three years in jail for trying to fraudulently obtain $11.4 million of tax refunds between 1999 and 2001. He was also nabbed for willfully failing to file tax returns.

And now a court case in Britain has revealed that Snipes may have lost millions of dollars during that same period in an alleged Ponzi scheme.

Lincoln Fraser and Jared Brook, the two former bosses of a now-defunct British investment firm Imperial Consolidated, went on trial in London at the end of last month accused of defrauding as many as 3,000 victims out of nearly $400 million.

The pair denies running a Ponzi scheme, maintaining that the firm was a legitimate investment operation that merely fell foul of the market.

To read more, click here.

Tags: Financial Crisis, Recession 2009, Wesley Snipes
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  • http://www.blackplanet.com/Da_J_Rok/ Da_J_Rok

    Is there gonna be a Blade 4?

  • http://www.blackplanet.com/LastManStandingTall/ LastManStandingTall

    You gotta bend over for the government every April like the rest of us, Snipes. Remember that when you get out…

  • http://www.blackplanet.com/SoularFlarez/ SoularFlarez

    this is bulls**t….propaganda

    they trying to demonize Wesley Snipes and throw dirt on his name to SCARE PEOPLE. they made an example out of him.

    the IRS is basically extorting people…. the money they punk people out of goes towards the interest on bankrupt corporate debt,
    “UNITED STATES INC.”**

    *UNITED STATES INC. (bankrupt for-profit corporation and fraudulent ‘democracy’)

    not to be confused with United States Republic of North America (nation that operates under the Constution).

    Cash aka paper money (federal reserve notes) represents debt. its not real money. LAWFULLY only gold & silver is real money, but gov’t was infiltrated by traitors to the people and laws (Constution and Treaties)….. between 1929 and 1933 they ordered a bank holiday and basically stole all the gold/silver from the citizens and started using monopoly money aka ‘cash’ aka federal reserve notes.

    ever hear how old heads be talken bout they use to get a load of bread, dozen eggs and gallon of milk for ONE DOLLAR and still have change left over??? paper money is worthless so they just print more. the Federal Reserve is a private corporation. its NOT Federal, not part of the Gov’t and they have no Reserve of anything, just paper and ink like the printer up in ya crib or the library has. Present John F Kenedy was tryin to fix this bulls**t by gettin silver certificate and silver dollar-coins popping but you see what happen to him right?

    plus U notice how anytime you get an ”official” doc**ent, dealing with ‘money’ it has your name in all caps like JAMES L. SMITH ???

    that all capital letters s**t is fugazzi….

    JAMES L. SMITH…..corporate-legal-fiction aka strawman aka 14th Amendment ‘person’

    versus

    James L. Smith….. real flesh and blood ‘natural’ person

    a corporation is also a ‘person’ under the 14th Amendment, thats why corporations have the same rights (and less responsibilities) as real life people.

    but yeahhhhh….. most people are suckers and will take it from behind with no vaseline….

    IRS, court system…. all that s**t is fugazzi…. its all a f**king hustle you feel me…..

    these devils rule thru brute force and TRICKERY !!! keep the people all scarey and spooked out, dumbed down, ignorant and distracted….

    +++ shout out to Sherry Peel Jackson, Taj Tarik Bey & Djehuty Maat Ra !!!

  • http://www.blackplanet.com/jazzpast/ jazzpast

    @lastman

    Thats true except the IRS is not a government entity. Its under the Federsl Reserve, and it is a private company.Its actually illegal under the Constitution Amendment XVI.

  • http://www.blackplanet.com/Gods_chosenman/ Gods_chosenman

    Dammnit Wesley…Cant believe you fell for a pyramid scheme. I heard though Wesley is in talks to do a big budget martial arts movie where he plays a body guard fending off assassins.

  • http://www.blackplanet.com/Gods_chosenman/ Gods_chosenman
  • http://www.blackplanet.com/Da_J_Rok/ Da_J_Rok

    U see the people they a$$ociating him with lives in the UK… Thanks for lesson in history @ Soular… which goes back to why Honest Abe on the penny which current value is 2.2 cents… Coin is worth more then paper… If u got a piggy bank, “CHANGE” (like Bark Campaign slogan) is where its at

  • http://www.blackplanet.com/2good2bsingle/ 2good2bsingle

    Damn.. My boy.. You’ll be okay, Wesley! Just makes us a few more Blade Movies and we’ll foot the bill for your troubles. Just don’t invest in any more of those types of things! Also.. You should fight the I.R.S., anyway! The Income Tax System is FRAUDULENT!! It’s ILLEGAL!! Google it! You’ll see! Look under Doc**entaries by “Aaron Russo” & “Alex Jones” or the “Zeitgeist” & “Zeitgeist Addendum” Doc**entaries! ;-)

  • http://www.blackplanet.com/TMAC_35000/ TMAC_35000

    Sucka!

  • http://newsone.com/world/newsonestaff4/ponzi-scheme-suspect-runs-from-police-and-shoots-himself-in-the-ocean/ Ponzi Scheme Suspect, Runs From Police And Shoots Himself In The Ocean | News One

    [...] Wesley Snipes Reportedly Lost Millions In Ponzi Scheme [...]

  • http://thelightnc.com/national/jerrysmith/ponzi-scheme-suspect-runs-from-police-and-shoots-himself-in-the-ocean/ Ponzi Scheme Suspect, Runs From Police And Shoots Himself In The Ocean | TheLightNC

    [...] Wesley Snipes Reportedly Lost Millions In Ponzi Scheme [...]

  • http://www.blackplanet.com/BIG_RICK_1961/ BIG_RICK_1961

    Ok Im just going to say…yall keep trusting that EURO if you want…they love getting money period.

    They make the rules, they break the rules they make and than they get you to break the rules and enforce the rules made to be broken on YOU!!!

  • http://www.blackplanet.com/SheFly69/ SheFly69

    You know America is racists when Willie Nelson has owed the IRS much money and never did a day. I don’t see why Wesley and any celebrity that owes back taxes hasn’t challenged this. Who are these celebrities counselors? He probably won’t do over 18 months at the most. Good lluch Wesley and don’t drop the soap and don’t wear your wig in jail.

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