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Steve Wynn to Joe Francis: I Want Your Bel-Air Mansion!

October 01, 2009
by: 
 Ani Esmailian

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!
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Reader Comments
0:20PM 10/01/09 StarryEyes87
hmmmmm
0:16PM 10/01/09 ktygirl
Oh Girls Gone Wild...that's who he is....
10:08AM 10/01/09 myholly787
I think he still makes his tawdry Girls Gone Wild videos....he has the cash. Pay up, hunky!
9:07AM 10/01/09 ktygirl
I don't know who he is either...but a gambler knows more than anybody that they have to pay their debts.
8:58AM 10/01/09 crystal
Who the hell is he.
8:11AM 10/01/09 nanci
WHO is this guy again ?
7:05AM 10/01/09 nolaRITA
Story of a loser and a dumb-ass. Loser gambles away the vast fortune he built up for himself. Dumb-ass gives him $2mil more to throw away as well, then wonders why he doesn't get his money back. Poor Poor dumb-ass and loser.
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