Joe Francis Indicted on Tax Evasion Charges
 

According to the indictment, Francis used offshore bank accounts to hide income made during those two years. He used a Cayman Islands corporation, which Francis controlled, to transfer more than $15 million of his secret money into his Irvine, Calif., account.

Francis faces up to 10 years in prison and fines of up to $500,000 if convicted.

He is scheduled to appear in Reno, Nev., court May 22.

Re: Joe Francis Indicted on Tax Evasion Charges
 

You guys still buy into all this offshore hosting and processing with EU accounts bullshit now?

Re: Joe Francis Indicted on Tax Evasion Charges
 

I dont understand greed at that level...

You're making tens of millions, perhaps even hundreds of millions. Give uncle sam his cut....you cant enjoy ANY of that money from jail.

Re: Joe Francis Indicted on Tax Evasion Charges
 

My thoughts exactly. When your life is a party, why fuck it up?

Re: Joe Francis Indicted on Tax Evasion Charges
 

You gotta be joking big man, you mean to say its not the one with the most toys that wins anymore? :scratchin

Re: Joe Francis Indicted on Tax Evasion Charges
 

There are so many LEGAL ways available to avoid paying taxes on that kind of income.

"Stupid is, as stupid does."

I hope he enjoys being Bubba's new girlfriend in cell block D.

Re: Joe Francis Indicted on Tax Evasion Charges
 

Naw man....that ended around 2001-2002.... Try that now and you're likely to end up selling insurance or something.

Re: Joe Francis Indicted on Tax Evasion Charges
 

And driving a Mustang GT

Re: Joe Francis Indicted on Tax Evasion Charges
 

Those make for a tasty snack.