Celebrity News

Jailed Snipes feels the pinch

Wesley Snipes has been hurting for cash while serving time for tax evasion. The “Blade” star is seeking advice from a lawyer on how to refinance his Alpine, NJ, mansion for $1.6 million, a source tells us. “All of Wesley’s bank accounts are wiped out. His four kids have nothing to live on,” the source said. Snipes’ attorney is said to be reaching out to a mortgage company that would be willing to refinance the house. Sources say the loan would have balloon interest payments that Snipes would have to pay in full when he gets out of jail in 2013. Snipes is working to land an advance on a movie deal, while his lawyer is trying to pin down the income Snipes makes from film and TV residuals and merchandising. Snipes’ rep told us, “As you can imagine, it is true that his family is having financial challenges, mainly due to his current situation,” but didn’t get back to us specifically about the Alpine home.