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Girls Gone Wild CPA Is a Tax Rat!

7/21/2008 4:15 PM PDT BY TMZ STAFF

Joe Francis should have gone to H&R Block, 'cause his accountant tried to rat him out to the IRS ... for a fee!

Francis is being prosecuted for alleged tax evasion. But get this -- we found out the indictment is solely based on accusations by Joe's former CPA, Michael Barrett, who told the IRS that his client cheated the tax man out of tens of millions of bucks. And the plot thickens, because the CPA is the one who signed the very returns he now claims are bogus.

And, in the supreme chutzpah department, the CPA filed an IRS form, demanding several millions of dollars from the government as an informant fee, for the very returns he prepared and then sent a letter scolding Uncle Sam for not responding to his reward request quick enough.

24 COMMENTS

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1.

BlueberryMuffin    

That Tax guy is a loser. I hope he's liable for some of it or does some prison time too.

2287 days ago
2.

Tangie    

I don't care if he paid or not, he is a whoremonger and useless.

2287 days ago
3.

OCD    



Wow. Now that just ain't right.

2287 days ago
4.

the hardest    

WHAT A RAT, ALL RATS DIE!!

2287 days ago
5.

meshgiath    

What a waste of air Joe Francis is. Is anyone honestly surprised at any of this? He's just getting the backlash of the world of whoredom he created for himself. Nothing new here, just another stereotypical case of idiocy and common sense ignorance.

2287 days ago
6.

waggy    

I hate the guy. but seems like the CPA is setting him up..

2287 days ago
7.

ozzman    

jackass...

2287 days ago
8.

tina    

Did you read the letter?? The accusation is against the CPA, BDO Seldman, who filed Joe Francis's 2001 and Joe Francis. Michael Barrett does not say he is a CPA, and the way he wrote the letter makes me think that he not. CPA's would not be as confused about the whistleblower process and have additional avenues to report fraud.

2286 days ago
9.

Switch    

a cheat who's good with numbers but a lame plot organizer.

Dumbass

2286 days ago
10.

Switch    

a cheat who's good with numbers but a lame plot organizer.

Dumbazz

2286 days ago
11.

HOLY CROCODILE    

obituary: CPA found dead. Choked on his own stupidity

2286 days ago
12.

tik    

So let me understand this. The C.P.A. stands for Certified Public Accountant. Joe attends his office to seek professional advice, the slim ball sets him up to claim a "reward." Only in America.

2286 days ago
13.

honey    

Just to set the record straight: Anyone who turns someone into the IRS for tax evasion is entitled to 10% of what ever the IRS is able to collect from the one who is evading. CPA's are not liable for any under reporting of anyones income. CPA's can only prepare taxes based on the information provided by the client. When a client signs a tax return, right above the persons signature is a statement that says something along the lines of "Under penalities of perjury I swear this information is correct". there is no way a CPA can know if a client is telling them the truth or not, so the CPA is not liable for anything.

2286 days ago
14.

Rick Hale    

If he was a CPA he would have signed the letter as such, for credibility. He didn't prepare the tax return mentioned, another very large CPA firm did, sounds like Enrons way of accountant creativity.

2286 days ago
15.

SuperStarSteve    

I wonder if the IRS cares about whether if birds of the same feather flocking together?

Nah, probably not.

2286 days ago
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