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:
- Taxes Gone Wild: Joe Francis Indicted on Tax Charges (4/12/07)
- Founder of "Girls Gone Wild" Pleads Not Guilty to Tax Evasion Charges, Says "IRS Gone Wild" (7/23/08)
- "Girls Gone Wild" Founder Seeks New Counsel in Tax Evasion Case (1/28/09)
- Tax Lawyer Strikes Back at "Girls Gone Wild" Founder Joe Francis (1/30/09)
- Joe Francis to Use "Deductions Gone Wild" Defense in Tax Evasion Trial (8/27/09)
4 responses to “‘Girls Gone Wild’ Founder Joe Francis Cops Tax Plea”
‘Girls Gone Wild’ figure goes for plea deal
The founder of the “Girls Gone Wild” empire has copped a plea on his tax evasion charges. It looks like…
‘Girls Gone Wild’ figure goes for plea deal
The founder of the “Girls Gone Wild” empire has copped a plea on his tax evasion charges. It looks like…
‘Girls Gone Wild’ figure goes for plea deal
The founder of the “Girls Gone Wild” empire has copped a plea on his tax evasion charges. It looks like…
‘Girls Gone Wild’ figure goes for plea deal
The founder of the “Girls Gone Wild” empire has copped a plea on his tax evasion charges. It looks like…
‘Girls Gone Wild’ figure goes for plea deal
The founder of the “Girls Gone Wild” empire has copped a plea on his tax evasion charges. It looks like…
‘Girls Gone Wild’ figure goes for plea deal
The founder of the “Girls Gone Wild” empire has copped a plea on his tax evasion charges. It looks like…
‘Girls Gone Wild’ figure goes for plea deal
The founder of the “Girls Gone Wild” empire has copped a plea on his tax evasion charges. It looks like…
‘Girls Gone Wild’ figure goes for plea deal
The founder of the “Girls Gone Wild” empire has copped a plea on his tax evasion charges. It looks like…
‘Girls Gone Wild’ figure goes for plea deal
The founder of the “Girls Gone Wild” empire has copped a plea on his tax evasion charges. It looks like…
To avoid penalties and jail time, Francis should have made a video of ACORN Girls Gone Wild.