April 11, 2007 / Posted by: Michael K
Oh sweet Joe Francis better get use to ass abuse, because he's probably going to be in prison for a long time. He was indicted today for tax evasion. The Girl Gone Wild illegally deducted more than $20 million.
The Smoking Gun reports:
According to a two count indictment filed in U.S. District Court in Reno, Nevada, Francis, 34, sought to conceal income through the use of offshore companies and nominees. At one point, he transferred $15 million from one offshore bank account to a California brokerage account in the name of a Cayman Islands corporation he controlled. If convicted of the federal charges, he faces a maximum of 10 years in prison and fines of up to $500,000. Francis was arrested yesterday on an unrelated federal warrant stemming from a civil lawsuit brought against him by seven underage women who were filmed by "Girls Gone Wild" cameramen in Florida in 2003.
Now who's going to take advantage of drunk teenage girls? Why do rich dumbasses always have to get greedy. He better be butt-douching, because I'm guessing prisoners don't like dirty butt.
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