Kevin you want mymoney6/25/2023 Īfter his release in 1993, Trudeau joined a multi-level marketing firm, Nutrition for Life. ![]() In 1991, he pleaded guilty to 11 counts of credit card fraud and spent two years in federal prison. In 1990 he pleaded guilty to depositing $80,000 in worthless checks and impersonating a physician, but served, he said, fewer than 30 days. Career Īfter high school Trudeau became a used car salesman, then joined the seminar circuit, selling memory improvement techniques. Mary's High School in Lynn, where he was voted "Most Likely to Succeed" by the class of 1981. Trudeau grew up in Lynn, Massachusetts, the adopted son of Robert and Mary Trudeau. Trudeau left federal custody in 2022 after 8 years, after which the FTC continued to pursue the unpaid $37 million fine. The Chicago Tribune reported in April 2014 that infomercials starring Trudeau and promoting his books continued to air regularly on United States television stations even though he was in jail at the time. In November 2013, Trudeau was convicted of criminal contempt, and was sentenced to 10 years in federal prison in March 2014. His claims of insolvency were challenged by FTC lawyers, who maintained that he was hiding money in shell companies, and cited examples of continued lavish spending, such as $359 for a haircut. In 2013, facing further prosecution for violations of the 2011 agreement and non-payment of the $37 million judgment, Trudeau filed for bankruptcy protection. However, in 2011, he was fined $37.6 million for violating the 2004 settlement, and ordered to post a $2 million bond before engaging in any future infomercial advertising. In a 2004 settlement, he agreed to pay a $500,000 fine and cease marketing all products except his books, which are protected under the First Amendment. In 2007, he was accused of grossly misrepresenting the contents of his book, The Weight-Loss Cure "They" Don't Want You to Know About. In the early 1990s, Trudeau was convicted of larceny and credit card fraud. His ubiquitous late-night infomercials, which promoted unsubstantiated health, diet, and financial advice, earned him a fortune but resulted in civil and criminal penalties for fraud, larceny, and contempt of court. Kevin Trudeau ( / t r uː ˈ d oʊ/ born 1962/1963) is an American author, salesman, and convicted fraudster known for promotion of his books and resulting legal cases involving the US Federal Trade Commission. Regulatory settlements with the FTC and eight state attorneys general for false claims and misleading representations ![]() Promoting alternative medicine and questionable diet and financial remedies
0 Comments
Leave a Reply. |