'Girls Gone Wild' Founder Says 3 Execs Embezzled

LOS ANGELES — Mantra Entertainment founder Joe Francis, in a suit filed at Los Angeles Superior Court, said that three top executives embezzled from the company.

Francis said Michael Barrett, Roman Pelikh and Will L'Heureux set up a sham company called WMR Marketing Inc. in 2002 to illegally funnel Mantra funds.

The allegations said that the trio illegally procured hundreds of thousands of dollars from his production company, Mantra Films, and then conspired to have him arrested for tax evasion to keep him from finding out.

XBIZ was unable to find any registry with California’s secretary of state or any other information about WMR.

According to the suit, the trio made "hundreds of thousands of dollars" of fraudulent expenses and reimbursements by 2004 against Mantra Films, which produces “Girls Gone Wild.”

Francis claims that after Barrett resigned in 2004 as the company's chief financial officer he contacted the IRS and falsely accused Francis of tax evasion.

Francis, according to the suit, said that Barrett was "hoping that the IRS would prosecute and incarcerate Francis, thereby removing the possibility" that he would "catch the ongoing theft.”

"While Barrett was secretly trying to get Francis investigated by the Reno [Nevada] division of the IRS to recover his bounty from the mistaken books he previously prepared, provided and vouched for to Francis' tax return preparers, he never disclosed any problem to Francis," the suit said.

Francis was indicted in April 2007 on two counts of tax evasion in Reno, Nev., for illegally deducting $20 million in false business expenses.

Calls to Francis attorney David Schack of K&L Gates went unreturned by post time.

Related:  

Copyright © 2026 Adnet Media. All Rights Reserved. XBIZ is a trademark of Adnet Media.
Reproduction in whole or in part in any form or medium without express written permission is prohibited.

More News

Cami Strella, River Lynn Front Latest From New Sensations

Cami Strella and River Lynn star in the latest release from New Sensations.

Vixen Drops Cross-Site Feature 'Pull'

Vixen Media Group has released “Pull,” a five-part, cross-site feature with scenes presented by its studio websites Vixen, Blacked, and Tushy.

Private Releases 'Private Gangbangs 5'

Private has released “Private Gangbangs 5,” directed by Xavi Rocka.

FTC Promises 'Vigorous' TAKE IT DOWN Act Enforcement

The Federal Trade Commission is warning platforms that the agency will strongly enforce the notice-and-removal requirements of the TAKE IT DOWN Act, which go into effect next week on May 19.

Zariah Aura, Rebel Rhyder Lead Latest From Evil Angel

Zariah Aura and Rebel Rhyder star in the latest release from Evil Angel, directed by multi-XMAs winner Aiden Starr.

2026 XBIZ Miami Speaker, Open-Floor Conversation Guide Lineup Announced

XBIZ is pleased to announce the release of the full speaker lineup for XBIZ Miami, the latest edition of the adult industry’s premier summer conference, set to take place May 11-14 at the Goodtime Hotel in Miami Beach.

Bad Bella Stars in Latest From New Sensations

Bad Bella stars with Alex Legend in the latest release from New Sensations.

Domino Presley, Chris Epic Front New Release from Grooby

Domino Presley and Chris Epic star in the latest release from Grooby Girls, titled “Cleaning the Pipes.”

McKenzie Mae Leads Latest From Family Strokes

McKenzie Mae stars with Joshua Lewis in the latest release from Family Strokes.

Dorcel Drops Franck Vicomte's 'Raw Sex Only'

Dorcel has released director Franck Vicomte's latest feature, "Raw Sex Only."

Show More