“Girls Gone Wild” founder Joe Francis pleaded guilty Wednesday to filing false tax returns and will avoid further jail time in a tax case that spanned two states and several years.

Francis entered the pleas to two misdemeanor counts of filing false tax returns and one count of bribing Nevada jail workers in exchange for food.

The plea agreement states Francis will pay $250,000 in restitution and receive credit for jail time served. Francis was indicted by a federal grand jury on tax evasion charges in 2007 and has spent 301 days in jail. He will receive a year of supervised release.

U.S. District Judge S. James Otero accepted the plea and delayed sentencing until Nov. 6. The amount that Francis acknowledged that he underreported, nearly $563,000, is far less than the more than $20 million in fraudulent deductions prosecutors initially alleged Francis made.

& #8226;

Read the full

Associated Press

story.