The last time we heard from Joe Francis, he’d been arrested for getting into a fight – and this was after he lost his mansion and had to file for bankruptcy. Basically, things weren’t going well for Joe, and it seems like they’re only getting worse. It turns out there’s more trouble for him now, in the form of a federal arrest warrant over luxury vehicles he never turned over when he filed his bankruptcy.
From The Wall Street Journal:
On Tuesday, Judge Fernando M. Olguin of the U.S. District Court in Los Angeles issued an arrest warrant for Mr. Francis for failing to turn over two luxury cars to lawyers who sold the Girls Gone Wild name out of bankruptcy last year.
Mr. Francis has previously said that he can’t return the vehicles, a 2007 Cadillac Escalade and a 2012 Bentley Flying Spur, because a strip-club owner in Mexico—angry that several Girls Gone Wild promotions fell through—took them, according to court papers.
Mr. Francis’s bankruptcy lawyer declined to comment on the arrest warrant.
Joe is living in Mexico now, so unless he’s extradited, he won’t be going to jail anytime soon.
Judge Klein also ruled that Mr. Francis should pay $5,000 a day until he complies with her ruling. By Bankruptcy Beat’s math, Mr. Francis could owe at least $1.3 million in fines. Mr. Francis’s lawyer disputes this amount.
But here’s the deal – if he’s bankrupt, where the hell is he going to get $1.3 million? That money will never be paid to anyone, so it’s a bit of a waste of time. Extradite him and prosecute him/put him in jail, or just be done with it.