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You are here: Home / Misc / Dude Gone Broke: Joe Francis Faces Jail and Bankruptcy

Dude Gone Broke: Joe Francis Faces Jail and Bankruptcy

By Trey Speegle on September 24, 2013 7:42 am

JP Morgan Chase Bank has reportedly begun foreclosure proceedings on Joe Francis' $11 million Bel Air estate after the 'Girls Gone Wild' honcho declared bankruptcy 7 months ago and has slacked off on his mortgage payments now totaling $127,686.91“Girls Gone Wild” creator Joe Francis was sentenced last month to 270 days in jail and three years’ probation for choking a woman he picked up at a nightclub, and repeatedly slamming her head to the ground at his Los Angeles mansion in 2011. The day after he was convicted, he told The Hollywood Reporter that members of the jury were “retarded,” and said “they should all be lined up and shot.” And just yesterday JP Morgan Chase Bank has reportedly begun foreclosure proceedings on his $11-million Bel Air estate (pictured) after he declared bankruptcy seven months ago and has slacked off on his mortgage payments, that now total some $127,000. Francis has had a number of other legal troubles as well. Last year, a jury found him guilty of defaming casino mogul Steve Wynn by saying he threatened to kill him over a gambling debt. Dozens of other lawsuits have targeted Francis, who built an empire producing and marketing videos of young women exposing themselves. Hard to feel sorry for the guy who made his fortune by abusing and exploiting women in the worst way. (Photo: Pacific Coast News)

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