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“Now it’s time for you to show us your assets, Joe.”

Joe Francis, the ultimate douche and founder of the Girls Gone Wild video series, is currently facing charges from the IRS that he deducted $20 million worth of fraudulent expenses from his corporate tax returns.

For Joe the worst case scenario would be a conviction leading to a maximum of 10 years in prison. Even the best case scenario if he is acquitted could see the IRS coming for tons of back taxes with interest.

Here’s a little 4-step recap of the GGW mogul’s past legal problems:

  1. Spent 11 months in a Florida jail because he pleaded guilty to charges of filming girls under 18. One even claimed she was 13 when the GGW crew filmed her.
  2. Got an extended sentence for sneaking cash, sleeping pills, prescription drugs and other contraband into jail.
  3. Multiple other lawsuits have been filed against him claiming he continued to film girls under 18.
  4. Wynn casinos is suing Francis for a $2 million gambling debt he owes. Francis claims he was tricked into betting ‘because of the prostitutes enticing him.’

Joe has hired the top tax law defense attorney team, Bernhoft Law of Milwaukee, WI, to represent him for his most recent charges. This is the same ‘dream team’ of lawyers that helped Wesley Snipes beat his tax evasion rap recently. Francis is claiming he was ‘set up’ by his accountant, who filed all the fraudulent taxes and then turned Francis in, in order to collect the tax violators bounty from the IRS.

Although Francis appears to be totally screwed, I still love that he gave this quote to the New York Times article covering this story:

“I’ve been called everything from a rapist to a drug trafficker to a racketeer to an obscenity pornographer,” Mr. Francis said in a recent telephone interview.

“I’m not selling Bibles, you know,” he said. “At the end of the day, I’m selling naked girls. People want to buy naked girls.”

People wanting to buy naked girls might be the most understated line in the defense of pornography I’ve ever heard. He’s absolutely right, but do people want to buy naked girls from a tax evader? Yeah, they probably don’t mind.

NYT: Gone Wild Founder Faces IRS, August 19, 2008

image via IdeaGrove