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Joe Francis: That All You Got?

Oct. 27 2008, Published 7:07 a.m. ET

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LIGHTLY SPANKED Francis, with friends

This week, Girls Gone Wild sin-farmer Joe Francis was smacked with two years' probation and 200 hours of community service (Ooh! Call Paris!) for violating record-keeping laws meant to keep 17-year-old floozies out of his videos. What's more, a judge handed Francis a $500,000 fine. No sweat—he paid 50 times that for his 14-bedroom Casa Aramara compound in Puerta Vallarta, Mexico. Besides, what's $500,000 when you're worth $100 million?

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"The FBI investigated me for five years," Francis boasted post-trial, "and this is the best that they could come up with."

What ever could he be hinting at?

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