Word to the wise: If you don't have money to gamble with, don't go to Vegas! Joe Francis is learning the hard way that when you "borrow" money, you're expected to return it...with interest if you borrow from Steve Wynn.
Joe reportedly ran up a $2 million dollar gambling debt back in 2007 and Steve Wynn is tired of waiting for him to repay. Wynn claims that Joe now owns him $2,942,272.50, which is the $2 million he borrowed plus 18% interest.
Only problem is Joe was under the assumption his lawyer took care of the problem. Isn't that always the issue?
However, Wynn is clearly not amused and wants his money back. And if he doesn't get it, he's going after Joe's Bel-Air mansion.
Will Joe lose his precious mansion? Or will he pay up? You gotta stay tuned for this one!