I hate to give this creep any attention, but at least this time it's to report that he's now facing federal tax evasion charges.

Joe Francis, who reportedly makes an estimated $29 million a year from the exploitative videos, was indicted last week by a federal grand jury in Reno, Nev., on charges of deducting more than $20 million in false business expenses on his California and Nevada companies' 2002 and 2003 tax returns.

The improper business deductions, according to the indictment, include $3.78 million used to build a residence in Punta Mita, Mexico, $10.4 million in "false consulting services" and a $500,000 false insurance expense.

When the tax fraud indictment was handed down, the 34-year-old Francis was in a Florida jail on a criminal contempt of court charge in connection with a civil lawsuit brought by seven women who were underage when they were filmed during spring break in 2003.

Finally! Karma.