Paul L. Caron
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Thursday, September 24, 2009

'Girls Gone Wild' Founder Joe Francis Cops Tax Plea

Francis

Girls Gone Wild founder Joe Francis plead guilty yesterday to two misdemeanor counts of filing false tax returns (and one count of bribing Nevada jail workers in exchange for food). The plea agreement calls for Francis to pay $250,000 in restitution and receive credit for jail time served. In the agreement, Francis acknowledged omitting over $500,000 in interest income on his 2003 tax return. Prosecutors had alleged that Francis took more than $20 million in fraudulent deductions in 2002 and 2003.

Prior TaxProf Blog coverage:

https://taxprof.typepad.com/taxprof_blog/2009/09/girls-gone-wild.html

Celebrity Tax Lore, New Cases, Tax | Permalink

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Tracked on Sep 24, 2009 6:17:06 AM

Comments

To avoid penalties and jail time, Francis should have made a video of ACORN Girls Gone Wild.

Posted by: Woody | Sep 24, 2009 12:06:18 PM