Girls Gone Wild filed bankruptcy in February 2013 and the assets went on the bankruptcy auction block. The founder, Joe Francis, was ordered to return two luxury vehicles; however, he claims that a Mexican strip club owner took the vehicles and that is why he has been unable to turn the vehicles over to the bankruptcy court. Bankruptcy Judge Sandra Klein has ordered a $5,000 per day fine until Francis turns over the vehicles.
For the full story read, “Bankruptcy Judge Sanctions Girls Gone Wild Founder Joe Francis.”
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