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Originally Posted by Mike33
Do you think he'll skip the country before the fraud charges reign in? The jail time for contempt of court that he's serving 35 days for is pittance compared to the more serious fraud charges. Or is it likely he'll walk anyway?
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Was not familiar with the fraud charges Mike..
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"Girls Gone Wild" creator Joseph Francis was indicted Wednesday on charges that his companies, which sell videos of topless young women, claimed more than $20 million in false business expenses.
The federal indictment came one day after Francis was jailed on criminal contempt charges in Florida.
The Nevada indictment alleges that Mantra Films Inc. and its marketing arm, Sands Media Inc., claimed false deductions on the companies' 2002 and 2003 corporate income tax returns, the Department of Justice said in a statement.
The indictment also charges that Francis, 34, of Incline Village, used offshore bank accounts and entities purportedly owned by others to conceal income he earned in those years.
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Mmmm.. penalty is supposed to be up to 10 years jailtime and $500K fine.... He's already a "target" and can't see it's worthwhile going on the run - "fraud" is still a criminal offense even on offshore areas and he'd just be escorted back the the US.