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“Girls Gone Wild” Guy + IRS = Al Capone?

Posted by Bill on September 1, 2008

 Great LA Times story:

Classic defense —- “My Accountant Made Me Do It”

LOS ANGELES — As founder of the “Girls Gone Wild” franchise, Joe Francis has often been accused of duping women into doing things they wish they had not, especially baring their breasts in front of a video camera.

 

This time, it is Mr. Francis who says he was fooled — not by a cameraman, but by his accountant.

 

This guy faces trial on tax charges, says the LA Times, something like $20,000,000 dedcuted on his corporate tax returns—fraudulent they say.

 

Oh well, $20 mill here $20 mill there . . . . . .

 

The veracity of his claim is likely to be decided in September, when Mr. Francis will be tried in Los Angeles on federal charges that he deducted $20 million in fraudulent expenses on the corporate tax returns filed by his company, Mantra Films.

If convicted, he could face up to 10 years in prison and $500,000 in fines.

Read whole story:  Click Here<

Bill Lowrance
President PIAVA www.piava.org

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