|
Tax evasion charges add to Francis' legal woes
Quote:
The founder of the risque "Girls Gone Wild" empire was indicted Wednesday on two counts of tax evasion by a federal grand jury, the latest in a series of legal woes for the Santa Monica entrepreneur.
The indictment in Reno of Joe Francis, 34, follows his arrest by federal marshals Tuesday on a contempt-of-court citation stemming from a civil case in Florida, where he is being held without bail.
Wednesday's charges alleged that Francis deducted more than $20 million in false business expenses on corporate income tax returns filed in 2002 and 2003 by two of his companies, Mantra Films Inc. and Sands Media Inc.
|
http://www.latimes.com/entertainment...business-enter
Uh oh....  |