Stephen Baldwin Arrested: 'Usual Suspect' Actor Allegedly Fails To File Personal Income Tax Returns

 @CareyDrew2
on December 06 2012 3:27 PM

Stephen Baldwin, the younger brother of "30 Rock" actor Alec Baldwin, was arrested on Thursday for repeatedly failing to file personal income tax returns.

Citing Rockland County, N.Y., District Attorney Thomas Zugibe, CBS News in New York reports that Baldwin didn’t file New York state personal income tax returns for 2008, 2009 and 2010.

The 46-year-old actor reportedly owes the state more than $350,000.

“At a time when Rockland County and New York state face severe fiscal shortfalls, we cannot afford to allow wealthy residents to break the law by cheating on their taxes,” Zugibe said. “The defendant’s repetitive failure to file returns and pay taxes over a period of several years contributes to the sweeping cutbacks and closures in local government and in our schools.”

If convicted, Baldwin could face up to four years in prison.

Baldwin’s arrest comes not too long after his Rockland County home was foreclosed on in June.

County filings obtained by the Associated Press show Baldwin and his wife, Kennya, defaulted on more than $824,000 in payments to mortgage holder Bankers Trust Co.

Baldwin paid $515,000 for the 1.4-acre home in Rockland County in 1997 and in 2006 tried unsuccessfully to sell it.

That same month, Baldwin lost a lawsuit in which he sued Kevin Costner, claiming he got cheated out of millions of dollars in a lucrative BP contract for oil-cleaning machines after the 2010 spill.

Baldwin and a friend were seeking $17 million in damages, saying they could have made at least that much in the deal. A federal jury sided with Costner and gave them nothing.

Best known for his role in 1995’s “The Usual Suspects,” the actor most recently appeared on reality television shows "The Celebrity Apprentice" and "I'm a Celebrity ... Get Me Out of Here!"

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