Contact Us

Girls Gone Wild Owner Places Company in Bankruptcy to Avoid Legal Collections

GGW Founder Joe Francis with a couple of Kardashians
(Photo by Frazer Harrison/Getty Images)

This doesn’t mean Joe Francis won’t stop peddling what many view as ‘smut’, however.

Francis, the founder of the controversial Girls Gone Wild franchise, has put his brands into bankruptcy to avoid paying a debt to the Wynn’s Resort in Las Vegas from collecting on a gambling debt and following legal judgement.

Steve Wynn’s Vegas establishment has reportedly been hunting Francis for the last five years, accusing the soft-porn video king of skipping out on paying a $2 million dollar gambling debt.   The resort also won a legal judgement for another $7.5 million against Francis for defaming Wynn’s by claiming they “deceive” their customers.

According to information from the Wall St. Journal, Francis does business under a host of different corporate names, doesn’t take any personal income or salary, but allegedly uses profits from the Girls Gone Wild franchises to support a lavish lifestyle:

“Francis has effectively evaded meaningful collection by making it appear that he has virtually no income or assets, despite his publicly lavish lifestyle,” Wynn attorneys said in the lawsuit. “Wynn has confirmed what it has long suspected, namely that Francis has avoided Wynn’s collection efforts by, among other things, not taking any income and using accounts held by various entities that do business under his ‘Girls Gone Wild’ brand to pay all his personal expenses.”

According to attorneys for the resort,  Francis has skipped a number of lawsuit related appointments.    What effect this bankruptcy will have on Francis’ continued filming of young intoxicated women in various compromising social situations and then selling the videos remains to be seen.

More from Newstalk 870

Best of the Web

Leave a Comment

It appears that you already have an account created within our VIP network of sites on . To keep your points and personal information safe, we need to verify that it's really you. To activate your account, please confirm your password. When you have confirmed your password, you will be able to log in through Facebook on both sites.

Forgot your password?

*Please note that your points, prizes and activities will not be shared between programs within our VIP network.

It appears that you already have an account on this site associated with . To connect your existing account with your Facebook account, just click on the account activation button below. You will maintain your existing profile and VIP program points. After you do this, you will be able to always log in to http://newstalk870.am using your Facebook account.

*Please note that your points, prizes and activities will not be shared between programs within our VIP network.

Please fill out the information below to help us provide you a better experience.

Register on Newstalk 870 KFLD: The Mid Columbia's Newstalk Leader quickly by logging in with your Facebook account. It's just as secure, and no password to remember!

Not a Member? Sign Up Here

Register on Newstalk 870 KFLD: The Mid Columbia's Newstalk Leader quickly by logging in with your Facebook account. It's just as secure, and no password to remember!