Down Goes Francis!

Joe Francis, the "Girls Gone Wild" founder, was indicted today on federal tax evasion charges for illegally deducting more than $20 million in phony business expenses from his 2002 and 2003 corporate tax returns.

According to a two count indictment filed in U.S. District Court in Reno, Nevada, Francis, 34, sought to conceal income through the use of offshore companies and nominees.

At one point, he transferred $15 million from one offshore bank account to a California brokerage account in the name of a Cayman Islands corporation he controlled.

Oooooh yeah. My dream of little Joey in jail getting slapped in the forehead by the dirty dong of a guy named Bruce is looking more clear. You guys were right with your comments the other day about Joe Francis... KARMA IS A BITCH! ;o)

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